Iran rejected U.S. demands to halt uranium enrichment for 20 years and dismantle nuclear facilities, proposing instead to dilute some high-enriched uranium and transfer it to third countries. Iran also suggested gradually opening the Strait of Hormuz if the U.S. lifts the blockade and offered a 30-day period for nuclear discussions. Iran reiterated its insistence on U.S. compensation for war damages and reaffirmed its sovereignty over the Strait of Hormuz.