New Delhi, March 19 -- Amid the ongoing crisis in West Asia, India is facing a potential "triple threat" of rising energy costs, declining remittance inflows, and reverse labour migration, which could put pressure on the domestic economy, according to a report by ASK Wealth Advisors.

The report highlighted that India's exposure to a Gulf crisis is structural rather than incidental, with deep linkages across energy dependence, labour markets and financial flows.

"India therefore faces a potential triple compression in a serious Gulf crisis: energy costs rising, remittance flows falling, and reverse migration creating labour market and political pressure at home," the report noted.

It pointed out that while India's oil import dependence ...