Pakistan, April 30 -- Prime Minister Shehbaz Sharif on Wednesday said that Pakistan's oil import bill has surged sharply by around 167% to $800 million per week, up from around $300 million before the ongoing regional conflict.

The prime minister disclosed this while addressing the cabinet on Wednesday.

"International oil prices have surged again. This Friday, we will announce new domestic prices based on the international market situation. This is a very challenging situation," said Shehbaz.

The prime minister lauded the role of Petroleum Minister Ali Pervaiz Malik and his team. "As a result of their joint efforts, unlike other countries, there were no long queues or panic buying in Pakistan, and the situation has remained stable."

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