Iranian President Hassan Rouhani on Monday described US sanctions imposed on Iran as an economic war being waged on his country, stressing that "economic war is more difficult than military war."

Rouhani, who was quoted by The Associated Press, spoke as he inaugurated the third and final phase of the sprawling Persian Gulf Star refinery built in the Persian Gulf port city of Bandar Abbas. Construction of the refinery began in 2006 and it now has the capacity of 400,000 barrels a day, which amounts to about 20 percent of Iran's 2.1 million barrels of daily refining capacity.


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