Asia Intelligence Brief — Tuesday, July 21, 2026

Rio Times · Asia Intelligence Brief July 21 —Iran conflict US strikes kill at least 14 in Iran, while Iranian missiles hit American bases in Bahrain, Kuwait, and Qatar. —Oil shock Crude prices jump more than 4% in early Asian trading after reports of bombardment near Iran’s Bushehr nuclear plant. —Korea verdict South Korea’s Constitutional Court unanimously removes President Yoon Suk-yeol for his unconstitutional martial-law attempt. —Japan shift Prime Minister Fumio Kishida announces he will step down, triggering a leadership race as the country faces multiple crises. —Market rout Global funds pull an estimated $11 billion from Asian equities over five sessions, the largest outflow in 18 months. —Myanmar tragedy A powerful earthquake near Mandalay kills more than 200 people, with the junt