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Japan Stocks Extend Drop After BOJ Holds Rates, Oil Prices Rise

Japanese stocks slumped as oil prices surged following renewed attacks on energy infrastructure in the Middle East. The Bank of Japan kept interest holds-rates-steady-as-officials-warn-of-iran-wars-costs.html" class="story-link" title="ECB Holds Rates Steady as Officials Warn of Iran War’s Costs">rates on hold as expected at a policy meeting.

Reported by Bloomberg.