Oil shocks, remittances, and growth: the data behind South Asia’s energy vulnerability Patrick Kirby May 22, 2026 This page in: English © 2026 World Bank Group,

https://blogs.worldbank.org/en/opendata/oil-shocks--remittances--and-growth--the-data-behind-south-asia- Consider a family whose income has suddenly fallen short of covering basic needs. Fuel costs have risen, reducing what the household budget can afford, and remittances from a relative working abroad have been interrupted. The family made no poor financial decisions, but a conflict thousands of miles away drove up oil prices and disrupted the economy.. For millions of families across South Asia, this is the reality they face as renewed conflict in the Middle East sends shockwaves through global energy markets and into one of the world's most dynamic, yet vulnerable, regions. © 2026 World Bank Group,