In light of the current situation in Iran, many may feel anxious about the supply of petroleum products such as gasoline, diesel, heavy oil, and kerosene. As the situation continues where crude oil tankers are effectively unable to pass through the Strait of Hormuz, it is expected that our country's crude oil imports will significantly decrease after around March 20th this month. However, our country has approximately eight months' worth of oil reserves, both public and private, so there will be no immediate disruption to the stable supply of energy domestically. Despite this situation, Japan, which has an exceptionally high dependence on the Middle East at over 90%, has proactively released oil reserves today in collaboration with G7 countries and the International Energy Agency (IEA) to ensure that there are no disruptions in the supply of petroleum products such as gasoline. Additionally, starting from the 19th (this Thursday), we will begin subsidies to keep the retail price of gasoline at around 170 yen on average nationwide, diesel at around 158 yen, heavy oil for large industries at around 120 yen, and kerosene at around 134 yen. I understand there are concerns about rising electricity and gas prices. For household electricity and gas prices, they will be determined based on fuel import prices from two to four months ago, so there will be no immediate increase. In the event that the situation prolongs, we will continue to flexibly consider ways to support the lives of our citizens without running out of resources.