Iranian President Masoud Pezeshkian said Friday it was time to end the months-long Middle East war with the United States because Tehran was in a position of strength over Washington.Iranian President Masoud Pezeshkian has said that it was better to end the war now as Tehran is "in a position of power and dignity." (File Photo/AFP)"It is better that we bring the war to an end now as we are in a position of power and dignity, and the whole world acknowledges our victory and emphasises that America has attacked our schools, hospitals and infrastructure in violation of all regulations and is hated around the world," he said in a meeting with doctors.Also Read | From focus on his ‘greatness’ to deal with Iran: Trump may escape the consequences of his messHis comments came after Iran's foreign ministry accused the US of "economic terrorism" and "crimes against humanity" after Washington said it would ramp up sanctions to heap pressure on Tehran."The perpetrators and instigators of these sanctions are deserving of trial and punishment for committing such heinous crimes," it said in a statement carried by state media.US Treasury Secretary Scott Bessent on Thursday vowed Washington would "collapse" the Iranian regime with its threatened campaign nearly six months since their war began.Also Read | Donald Trump ‘threatened to bomb Oman’ over Hormuz deal with Iran: ReportChina also criticised the move, saying that US "sanctions and pressure" would not resolve the Middle East conflict.Washington had urged other governments including Beijing to join efforts to isolate the Iranian economy.Asked about US President Donald Trump's threats, Chinese foreign ministry spokesman Lin Jian told reporters on Friday that "sanctions and pressure will not help resolve the issue".Also Read | Kuwait ends US-Iran conflict related visa extensions from September 1: What visitors and residents should know"China calls on all relevant parties to take responsible measures and resolve the problem through political and diplomatic means," he said.