Domestic cost of conflict in West Asia
The ongoing conflict between Iran and Israel significantly impacts India’s domestic economy due to its heavy reliance on energy imports, particularly LPG and fertilizers. With millions of Indian expatriates in the Gulf relying on remittances, instability threatens their families’ livelihoods. India’s diplomatic approach focuses on multi-alignment to balance relationships with various powers while safeguarding national interests, highlighting the intricate ties between global conflicts and local economic conditions.
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