Japan`s Nikkei drops 1.7% as Middle East tensions boost oil prices
Friday, March 13, 2026       08:14 WIB

Japan's Nikkei share average fell nearly 2% on Friday as an escalating Middle East conflict drove crude oil prices higher, heightening inflation concerns and prompting investors to shun riskier assets.
The Nikkei was down 1.7% at 53,502.50, as of 0010 GMT, on track for a second consecutive weekly decline. The broader Topix slid 1.2% to 3,607.26.
Iran's new Supreme Leader Mojtaba Khamenei said Iran will fight on and keep the Strait of Hormuz shut as leverage against the U.S.
There were 7 advancers on the Nikkei index against 115 decliners.
Shares of Honda Motor tanked 6.1% to their biggest percentage drop since February 2025, after Japan's second-largest automaker said it would slip to its first annual loss in almost 70 years as a listed company over massive restructuring costs at its EV business.

Sumber : Reuters

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