Sri Lanka has declared every Wednesday a holiday for public institutions to conserve fuel as the island nation grapples with possible shortages in the wake of the US and Israel’s war with Iran, BBC reported.

“We must prepare for the worst, but hope for the best,” President Anura Kumara Dissanayake said at an emergency meeting with senior officials on Monday.

Nearly 90% of all the oil and gas flowing through the Strait of Hormuz last year was bound for Asia, which is the world’s largest oil-importing region.