"I won't hide it. I felt honored when Bush spoke about Hizbullah and resistance movements because when the Pharaoh and the Great Satan accuse us and consider us enemies ... it is an honor for us," Nasrallah said in a Sunday night speech that was broadcast on a giant screen in front of thousands of Hizbullah supporters.

His comments followed remarks critical of Iran and Hizbullah made by Bush during his visit to the United Arab Emirates.

Bush said from Abu Dhabi that "Iran is today the world's leading state sponsor of terror. It sends hundreds of millions of dollars to extremists around the world -- while its own people face repression and economic hardship at home. It undermines Lebanese hopes for peace by arming and aiding the terrorist group Hizbullah."

Nasrallah said that since Bush could not say anything about Iran's nuclear program, the U.S. president accused Tehran of supporting "terrorism" in Lebanon, Palestine, Iraq and Afghanistan.

"Wherever there is resistance, Iran is accused of supporting resistance movements, and these movements, in Bush's point of view are terrorist," Nasrallah said.

Nasrallah accused Bush of supporting "the nation of terrorism, killing and wars," a reference to Israel.

"When a country like Iran or Syria support resistance movements that are defending their children, women, land, homes and holy places against the strongest country in the region, then this is a terrorist state that supports terrorism," He said.