Home / World / Iranian President: US Sanctions are “Economic War” Against Iran
Iran

Iranian President: US Sanctions are “Economic War” Against Iran

TEHRAN, Iran – The Iranian president on Monday described US sanctions on Iran as an economic war against his country and stressed that “economic war is harder than military war.”
Hassan Rouhani spoke at the inauguration of the third and final phase of the vast Persian Gulf Star refinery built in the port city of Bandar Abbas in the Persian Gulf. Construction of the refinery began in 2006 and has a daily capacity of 400,000 barrels per day, which represents about 20% of Iran’s 2.1 million barrels of daily refining capacity.
Rouhani praised the inauguration, saying in a televised speech that this is happening despite the fact that the United States “imposes the most severe sanctions” on Iran.
The Trump administration last year pulled the United States out of Iran’s nuclear deal with world powers and re-imposed sanctions on Iran’s vital oil sector.
“We have inaugurated huge national projects in this situation,” Rouhani said at their inauguration, adding that this would happen despite efforts by the United States, Israel and their allies to increase pressure on Iran.
(Sahar News Monitoring Desk)

Check Also

Elections

Local Elections Held in Pakistan’s Tribal Region

ISLAMABAD – Pakistan’s northwestern tribal areas held their first-ever provincial elections on Saturday, in a …