Japan Stocks Drop Most Since April on Oil Spike, Iran Fears

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000War With Iran:Japanese stocks plunged the most since April’s tariff rout as climbing oil prices and mounting Middle East tensions clouded the nation’s economic outlook. The Nikkei 225 benchmark lost as much as 7.6% in its steepest decline since April 7 while the broader Topix fell as much as 6%. Economically-sensitive sectors like tech and banks were among the biggest losers, with SoftBank Group Corp and Advantest Corp plummeting more than 12%.