India's Job Engine Strains as Iran War Hits Remittances and Trade

💸 NEW DELHI — India hasn't fired a shot, but its labor economy is taking direct hits. 📌 LOOK CLOSER: Gulf remittances fund roughly 3% of India's GDP — Hormuz disruption compresses Gulf employer margins, cutting migrant hiring and transfers home simultaneously. Modi faces domestic pressure without a seat at the Doha table. India's trade exposure also means New Delhi has incentive to push for resolution, but limited leverage over either Washington or Tehran.