SEOUL, June 23 (UPI) -- South Korean President Lee Jae Myung on Monday instructed government ministries to operate under an emergency response system in the wake of U.S. strikes on Iran's nuclear sites, his office said.

In his first meeting with senior aides since taking office earlier this month, Lee called the Middle East situation "very urgent" and ordered safety measures for South Korean citizens in the region as the Israel-Iran conflict intensifies.

He also directed ministries to address the economic fallout from the Middle East crisis, including adding measures to an upcoming supplementary budget, if necessary.

"Due to this growing uncertainty, the economic situation -- especially the foreign exchange, financial and capital markets -- is becoming considerably unstable," he said.

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