Iran’s Peace Proposal Demands Sanctions Relief And End Of Blockade After Trump Says He Halted Planned Strikes

BreakingBusinessIran’s Peace Proposal Demands Sanctions Relief And End Of Blockade After Trump Says He Halted Planned StrikesBySiladitya Ray,Forbes Staff. Siladitya Ray is a New Delhi-based Forbes news team reporter.Follow AuthorMay 19, 2026, 06:04am EDTMay 19, 2026, 06:04am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.ToplineIranian authorities outlined their latest peace proposal on Tuesday, which includes demands for ending U.S. sanctions and lifting the naval blockade of the country, several hours after President Donald Trump claimed he had called off a planned military strike on Iran to allow for ongoing “serious negotiations.” A man waves an Iranian flag for a pro-government campaign under a billboard with graphic showing Strait of Hormuz and sewn lips of U.S. President Donald Trump in a square in downtown Tehran.Copyright 2026 The Associated Press. All rights reservedKey FactsIranian state media outlet IRNA quoted Iran’s Deputy Foreign Minister Kazem Gharibabadi, who said the peace proposal includes “ the country’s insistence on its right to uranium enrichment and peaceful nuclear activities.”Iran’s proposal calls for an end to the conflict on all fronts, including Lebanon, the lifting of the U.S. naval blockade, and the lifting of “all unilateral sanctions.”The demands also call for the release of frozen Iranian funds and “compensation…for damage” caused during the war.It is unclear if the proposal outlined by Gharibabadi has been forwarded to the U.S. but Trump last week dismissed a similar earlier proposal as “garbage.” if (!window.cnxel) { window.cnxel = {}; window.cnxel.cmd = []; var iframe = document.createElement('iframe'); iframe.style.display = 'none'; iframe.onload = function() { var iframeDoc = iframe.contentWindow.document; var script = iframeDoc.createElement('script'); script.src = '//cd.elements.video/player.js?cid=62cec241-7d09-4462-afc2-f72f8d8ef40a'; script.setAttri...