Iran outlined its latest peace proposal on Tuesday, including demands for ending U.S. sanctions and a naval blockade, several hours after President Donald Trump claimed he called off a planned military strike 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.

Iranian 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.