On December 5, South Korean President Yoon Suk-yeol directed officials to implement a 100 trillion won market stabilization program promptly, aimed at addressing the instability in stock markets and exchange rates due to the rising tensions from the U.S.-Iran conflict. During an emergency cabinet meeting at the Blue House, President Yoon remarked that the economic security environment has deteriorated with the escalation of the crisis in the Middle East, emphasizing the need for immediate action to prevent this instability from spilling over into financial markets.

President Yoon also expressed particular concern about disruptions to energy supplies, instructing the government to expedite urgent stabilization measures and diversify the sources of imports for crude oil, gas, and naphtha. He urged officials to counter any attempts to exploit the market for unreasonable profits amid the turmoil and called for strict measures to address potential hoarding and unfair price hikes. The President's comments on rising gasoline prices resulting from the conflict indicate a proactive approach to mitigating domestic inflation stemming from international oil price surges.

Highlighting the importance of maintaining economic stability and minimizing the impact on citizens' livelihoods, President Yoon underscored the urgent task of ensuring public safety for Koreans present in the region, including students and travelers. He called for thorough emergency evacuation plans using military aircraft, chartered planes, and ground transportation. Additionally, he emphasized the need to combat fake news and criminal activities that might exploit this economic turmoil for profit, thereby threatening the stability of the national economy.