Metal and rubber shares lead the gains, with the Nikkei index rising by 1.0%.

The Japanese stock market is rising as concerns over shortages of energy and petrochemical products ease. Since the US blocked Iranian ports, there has been an improvement in the flow of commercial ships through the Strait of Hormuz. The Nikkei index rose 1.0% to 58467.35 points, with metal, rubber, and technology stocks leading the gains. JX Advanced Metals rose 4.7%, Yokohama Rubber rose 3.6%, and SoftBank Group rose 3.5%. Investors are closely watching the developments in the Middle East and the possibility of negotiations between the US and Iran to resolve conflicts.