A Thailand-Cambodia territorial row has boiled over into the two countries' deadliest conflict in more than a decade, with at least a dozen people killed in fighting. While the Southeast Asian countries have long been at loggerheads over their shared border,

Thailand’s acting Prime Minister Phumtham Wechayachai warned on Friday that cross-border clashes with Cambodia that have uprooted more than 130,000 people “could develop into war”, as the countries traded deadly strikes for a second day.

Clashes on the Thailand–Cambodia border trigger martial law, disrupt trade flows, and raise investor risk across both economies.