Japanese Economy

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Illustration depicting Tokyo stocks plummeting amid Middle East tensions over Iran and Bank of Japan economic warnings.
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Tokyo stocks fall for third day amid Middle East tensions, economic concerns

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Tokyo stocks declined for a third consecutive day as tensions escalated in the Middle East over Iran. Bank of Japan Governor Kazuo Ueda warned of significant potential impacts on the economy, while the government stated there would be no immediate disruptions to oil supplies.

The Nikkei 225 retreated from Thursday's record but clawed back some losses by the close of trading.

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Japan has secured enough petroleum-derived naphtha—key for manufacturing medical supplies and consumer goods—to last into 2027, easing shortage fears amid escalating Middle East tensions including the Iran war.

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