Royal Dutch-Shell had virtually agreed, under pressure, to supply Japan with 40% of her oil needs for the next six months out of their Netherlands East Indies wells.

The only important war material which the U. S. has not embargoed against Japan is oil. In the past Japan has bought about 75% of her oil from the U. S.; in the future she may get none. Last week Japan’s eagerness to find other sources for oil before the U. S. gusher goes dry…