South Korea must prepare for a prolonged Middle East conflict

Escalating U.S., Israel, and Iran conflict may be prolonged, requiring South Korea to prepare for a sustained crisis. Iran has retaliated with strikes, blocking the Strait of Hormuz and firing missiles, while U.S. and Israeli forces reportedly killed Iran's supreme leader. The conflict's duration is uncertain, with potential for elevated oil prices, market volatility, and significant risks to South Korea's trade-dependent economy.