Finance Minister Taro Aso delivers a speech on the first trading day of the year at the Tokyo Stock Exchange in the capital’s Chuo Ward, on the morning of Jan. 6, 2020. (Mainichi/Kimi Takeuchi)

TOKYO — Economists are wary of the heightened U.S.-Iran conflict negatively impacting Japan as instability in the Middle East would affect the price of crude oil — a commodity that Japan heavily depends on from producers in the region.

“If armed conflict between the U.S. and Iran intensifies, oil prices will go

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