Geopolitical Powder Keg Erupts: Thai F-16s Strike Cambodian Targets In Border Clash

A long-standing border dispute between Thailand and Cambodia has escalated, with Thai F-16 fighter jets conducting air-to-ground strikes on multiple Cambodian military positions near the disputed border region. The conflict began with an exchange of gunfire in May, killing a Cambodian soldier, and has since intensified with both sides accusing each other of starting the clashes. Thailand reported that its fighter jets hit two Cambodian army bases near the border, while Cambodia launched rocket attacks on Thai territory, killing several civilians, including an 8-year-old child. The number of casualties on the Cambodian side remains unclear. The dispute has the potential to turn into a serious conflict if left unattended, and could jeopardize ASEAN diplomacy and erode trust among member states. The conflict is unfolding amid ongoing great power tensions between China and the US, with Cambodia being a close ally of Beijing and Thailand maintaining strong ties with the US. The escalation has already affected Thailand's economy, with the baht and stocks falling on news of the clashes. The conflict could also disrupt trade and people movement, negatively affecting the regional economy, and potentially ignite other flashpoints across the ASEAN area.