Stock prices fall over 1100 yen at one point due to rising crude oil futures prices

On the Tokyo stock market on the 13th, the Nikkei average stock price fell by over 1100 yen at one point. This is in response to crude oil futures prices rising, following a statement released on the 12th by Iran's state television attributed to the newly elected Supreme Leader Mojtaba, emphasizing the continuation of the blockade of the Strait of Hormuz. Consequently, selling orders increased in the Tokyo market shortly after trading began due to concerns such as a deterioration in corporate earnings.