US and Israel Airstrikes on Iran Spark Regional Conflict and Economic Turmoil

The US and Israel conducted coordinated airstrikes on Iran, resulting in the death of Iran's Supreme Leader Ali Khamenei. In response, Iran launched missile and drone attacks targeting US military bases and allied countries such as Bahrain and Kuwait. This escalation led to the closure of the Strait of Hormuz, a critical global oil transit route.

These events caused a surge in global oil prices and disrupted the tourism sector, with Southeast Asia, particularly Thailand, experiencing immediate economic impacts. The conflict has thus triggered significant regional instability and broader economic consequences affecting energy and tourism markets worldwide.