Pakistan's Prime Minister Shehbaz Sharif announced that the country's oil import bill has skyrocketed to $800 million weekly, driven by the ongoing conflict between the United States and Iran. This sharp rise from $300 million last week poses new challenges for Pakistan's economy, which is already grappling with a deepening debt crisis. The nation faces significant repayments, including $3–3.5 billion owed to the UAE, which constitutes nearly one-fifth of its total foreign reserves of $16.4 billion. Sharif expressed concern that the recent conflict threatens to undo the economic progress made over the past two years. Despite these challenges, Pakistan is actively engaging in diplomatic efforts to ease tensions in the region, having hosted discussions between US and Iranian officials. A task force has been established to monitor the economic situation closely as the country seeks to stabilize its economy amidst these pressures.