Tensions in Persian Gulf Affect Millions of Indian Expatriates and Economic Links
3 hours agoBusiness
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2 SourcesDubai, United Arab Emirates
TBNthebalanced.news

Tensions in Persian Gulf Affect Millions of Indian Expatriates and Economic Links

Approximately 9 million Indians live and work in the Persian Gulf, particularly in the UAE and neighboring countries, sending billions in remittances that support India's economy. Recent escalations involving US and Israeli military actions against Iran have disrupted shipping routes like the Strait of Hormuz, affecting oil supplies and regional stability. These developments threaten the safety and livelihoods of Indian expatriates and could have significant economic impacts on both the Gulf region and India.

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