According to CoinMeta, the Iranian crisis has disrupted the energy market, and the high level of uncertainty has led to a surge in electricity futures trading in Japan. Electricity futures are becoming an increasingly popular tool for Japanese companies to manage the risk of fuel price fluctuations, with the trading volume of short-term contracts on the country's largest trading platform having grown for four consecutive months. The total trading volume of day-time, weekend, and weekly contracts on the European Energy Exchange (EEX) in July nearly tripled compared to the same period last year, reaching over 10,000 lots, setting a monthly record for the second consecutive month. EEX occupies the vast majority of the Japanese electricity futures trading market share, and it is expected to reach 97% by 2025. Leo Takai, a research and management manager, pointed out that due to the impact of the Iranian crisis, the fuel market is difficult to predict, and more and more market participants seem to be shifting some of their trading focus to futures, a trend that is particularly evident in intraday contracts, with intraday contract prices setting new historical highs in June and July.