\n
Prime Minister Shehbaz Sharif<\/span><\/span> stated that the ongoing conflict between Iran and the United States has dealt a significant blow to the collective economic efforts made over the past two years, while rising global prices have created an extraordinary and challenging situation.<\/strong><\/p>\n Speaking after a cabinet meeting, he said that a ceasefire between Iran and the United States is currently in place, while a negotiation process between the two countries had begun in Islamabad on April 11, continuing for nearly 21 hours, with sincere efforts made to promote peace in the region.<\/p>\n He further noted that the tense situation has led to a noticeable increase in global oil prices, which has directly impacted Pakistan\u2019s efforts toward economic stability and added to financial pressure.<\/p>\n According to the Prime Minister, Pakistan\u2019s weekly oil import bill was around 300 million dollars before the conflict, but it has now surged to approximately 800 million dollars, presenting a serious challenge for the country\u2019s economy.<\/p>\n \n","protected":false},"excerpt":{"rendered":" Prime Minister Shehbaz Sharif stated that the ongoing conflict between Iran and the United States has dealt a significant blow to the collective economic efforts made over the past two years, while rising global prices have created an extraordinary and challenging situation. Speaking after a cabinet meeting, he said that a ceasefire between Iran and […]<\/p>\n","protected":false},"author":2,"featured_media":21822,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAowgLK2DA:productID":"","_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":""},"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[47,46,36],"tags":[7371,7504,12026,6467,4665,1634],"class_list":["post-21821","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-important-news","category-latest","category-pakistan","tag-economic-pressure","tag-global-markets","tag-iran-us-conflict","tag-oil-prices","tag-pakistan-economy","tag-shehbaz-sharif"],"_links":{"self":[{"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/posts\/21821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21821"}],"version-history":[{"count":1,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/posts\/21821\/revisions"}],"predecessor-version":[{"id":21823,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/posts\/21821\/revisions\/21823"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/media\/21822"}],"wp:attachment":[{"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}