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Tokyo Stocks Plunge Over 1000 Yen Amid Iran Tensions and Oil Price Concerns
The Nikkei average in Tokyo temporarily fell by over 1000 yen, driven by fears of rising oil prices following reports that Iranian forces threatened to block the Strait of Hormuz. This geopolitical tension led to a surge in selling orders in the market.
3 Mar, 02:01 — 3 Mar, 02:01
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