Iran peace proposal demanding reparations, troop withdrawal

• Iran's newest proposal demands an end to hostilities on all fronts, the withdrawal of US forces near Iran, war reparations, the lifting of sanctions, and an end to the US marine blockade.
• Trump says there is a "very good chance" of a nuclear deal.
• Conflicting reports on concessions: Iranian sources claim Washington is offering sanctions lifting, though US officials denied concessions.

Iran’s latest peace proposal to the United States conditions an end to regional hostilities on the exit of US forces from areas near Iran and financial reparations for damage caused by the US-'Israeli' war, state media reported on Tuesday.

In the Iranian government's first public comments on the proposal, Deputy Foreign Minister Kazem Gharibabadi stated that Tehran is also demanding the total lifting of economic sanctions, the release of all frozen funds, and an immediate end to the US marine blockade on the country, according to the state-run IRNA news agency.

The baseline terms presented in the Iranian reports appear largely unchanged from a previous offer, which US President Donald Trump publicly rejected last week, labeling it "garbage."

Trump halts attacks amid diplomatic opening

Despite his previous dismissal, President Trump announced on Monday that he has paused a planned resumption of military attacks on Iran after receiving the new text from Tehran.

Trump stated that there is now a "very good chance" of reaching a comprehensive deal to limit Iran's nuclear program.

It remains undetermined whether active preparations had already been finalized for strikes that would mark a renewal of the war, which Trump initially started in late February.

Trump is under immense pressure to reach an accord that would reopen the strategic Strait of Hormuz.

While the US President has previously expressed hope that an end to the conflict was close, he has similarly threatened to unleash heavy strikes on Iran if Tehran fails to secure a deal.

Mixed signals

Negotiations between the two nations have been at a standstill for a month, and neither side has officially disclosed any public concessions.

However, a senior Iranian official suggested on Monday that Washington may be softening its stance on select demands.

According to the Iranian source, the US has agreed to release a quarter of Iran's frozen assets held in foreign banks, a sum totaling tens of billions of dollars.

Iran, however, continues to demand the release of all its assets.

Furthermore, the source claimed Washington has shown increased flexibility by agreeing to let Iran continue limited, peaceful nuclear activity under the direct supervision of the International Atomic Energy Agency (IAEA).

The United States has not confirmed any such agreements.

Speaking on the condition of anonymity, a U.S. official explicitly denied a report by Iran's Tasnim news agency claiming that Washington had agreed to waive Iranian oil sanctions while negotiations remain ongoing.