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The Japanese government has approved a supplementary budget of $19 billion to address the repercussions of the Iranian war, which has led to higher energy prices and increased living costs for households and businesses. The government will allocate approximately 3.11 trillion yen to support efforts in mitigating the impact of rising prices for gasoline, electricity, and gas, with ongoing monitoring of market developments to ensure supply stability. These measures reflect the significant effect the war has had on the Japanese economy, particularly in the energy sector and supply chains.
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