Amid renewed concerns over the conflict with Iran, the Nikkei Stock Average may fall.

Concerns about the conflict in Iran and rising energy prices have reignited, which may cause the Japanese stock market to fall. The Nikkei index futures on the Singapore Exchange fell by 1.6% to 67,480 points. The US dollar is trading at 159.93 yen, slightly lower than the 159.94 yen at the close of the Tokyo Stock Exchange on Wednesday. Investors are now closely monitoring the developments in the Middle East situation after Kuwait was subjected to intense ballistic missile and drone attacks. The Nikkei index rose by 2.5% on Wednesday, reaching a record high of 68,402.13 points.