The war between United States and Iran has dealt a serious blow to Pakistan's economic progress made over the past two years, but Islamabad will continue its efforts to help ease tensions between the two warring sides and restore peace in West Asia, Pakistan Prime Minister Shehbaz Sharif said.
Speaking during a cabinet meeting, Sharif said that Pakistan's oil import bill had surged from $300 million before the conflict to $800 million placing additional pressure on the economy. He also noted a reduction in petroleum consumption during the current week compared to the previous one.
