Iran War Exposes Strains in $124 Billion Remittance Corridor

June 22, 2026, 4:00 AM UTC

Steve Geoffrey, one of roughly 30 million foreign nationals in the Middle East, considers himself lucky to still be able to support his family in Kenya.

The 38-year-old, who works for a hospitality firm in the Qatari capital of Doha, sends about 150,000 shillings ($1,159) home to his wife and two children each month. That’s nearly twice the average earnings in Kenya, allowing the family to cover his younger brother’s school fees and unexpected expenses.

“We keep praying and hoping for the best,” Geoffrey said of the more than three-month war, during which cities across the Gulf came under attack ...

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