Pakistan, May 15 -- Prime Minister Shehbaz Sharif said on Thursday that the US-Iran temporary ceasefire is currently in place, but the war has created significant hurdles for regional economies, including Pakistan.

The prime minister made these remarks while addressing a federal cabinet meeting in Islamabad.

Iran has largely shut the Strait of Hormuz to ships apart from its own since the United States and Israel launched their bombing campaign two-and-a-half months ago, causing the biggest ever disruption to global energy supplies. The US paused the bombing last month but added a blockade of Iran's ?ports.

In his opening remarks at the meeting of the federal cabinet earlier in the day, the prime minister highlighted that the government...