Ready to launch your business? Get started with the commerce platform made for entrepreneurs.

Shopify is specially designed to help you start, run and grow your business with easy customizable themes that let you build your brand.

Marketing tools that get your products out there. Integrated shipping solutions that actually save you time.

From startups to scaleups, online, in, and on the go. Shopify is made for

entrepreneurs like you. Sign up for your $1 a month trial at Shopify.com slash setup.

This is John Batchel, a conversation with my colleague Lance Gatling. He's in Tokyo about the

Hormuz crisis and what is Japan planning,

now that it's had its incoming energy reduced dramatically.

95% of Japan's energy comes from outside the country imported.

Much of the oil comes from the Persian Gulf, and it's not now arriving in any way

that embraces the economy functioning as usual. Lance introduces us the petroleum reserve,

however, and the planning that's going on beforehand in Japan in the event of a crisis such as right now.

Here's Lance.

More of this tonight.

The Straits of Hormuz are certainly an issue with Japanese petroleum.

They have the world's third largest, not by capita, but total numbers, the third largest

strategic petroleum reserve on the planet, worth

about 10 months' worth of oil.

Why?

Because they had in serious trouble with the last, recall the tanker war in which the Straits

of Hormuz were closed off.

Years ago, Japan made a very distinct effort to diversify

...