Japan's Yen Falls and Power Prices Rise on Iran Tensions

Japan's yen has fallen to a 39-year low of 163 per dollar, and power prices have hit a 3.5-year high, driven by escalating tensions with Iran. The weaker yen and higher energy costs have widened Japan's trade deficit. The yen's decline is also linked to economic plans by Takaichi. Gas prices have risen as the Iran conflict intensifies.