Iran War Threatens $124 Billion Persian Gulf Remittance Lifeline
The ongoing conflict in Iran is putting a $124 billion remittance lifeline from the Persian Gulf at risk. This financial flow is crucial for many families in the region.
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Iran War Puts $124 Billion Gulf Remittance Lifeline at Risk - Bloomberg.com
Iran War Puts $124 Billion Gulf Remittance Lifeline at Risk Bloomberg.com
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Migrant workers in the six Gulf Cooperation Council countries sent an estimated $124 billion home in 2024, supporting families from Asia and the broader Middle East to Africa.
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