The Nikkei 225 continued to decline shortly after the open on the 14th. Selling led the market as higher oil prices affected market sentiment. The postponement of talks concerning the Strait of Hormuz and reports of a Saudi crude oil pipeline shutdown were cited as factors driving up oil prices.
The Nikkei 225 continued to decline shortly after the open on the 14th, with selling leading the market.
Rising crude oil prices have strengthened investors' risk-averse stance, putting selling pressure on the broader market.
The postponement of a meeting between Iran and Gulf states and the shutdown of a major crude oil pipeline in Saudi Arabia were reported as factors driving up oil prices.