(EDITORIAL from Korea JoongAng Daily on June 16) (opens original article in a new tab)

As the U.S. and Iran end their conflict, Korea must prepare for ongoing economic risks and a shifting diplomatic landscape, while seeking opportunities in potential Middle East reconstruction efforts.

• The U.S. and Iran agreed to end the conflict that began in February with a memorandum of understanding
• Korea faces ongoing economic risks including inflation, energy insecurity, and a complex diplomatic landscape
• Korea should diversify energy imports and participate in international discussions on safe navigation through the Strait of Hormuz
• The end of the war may create opportunities for Korean companies in Middle East reconstruction projects