US-Iran war: Is India’s Gulf remittance lifeline at risk? Billions at stake!

US-Iran war: Is India’s Gulf remittance lifeline at risk? Billions at stake!
India continues to be the largest recipient of remittances in the world. India’s share in the world remittances stood at 14% in 2024. What does the current US-Iran war and the Middle East conflict mean for remittance flows to India? What is the dependence, macro importance?