Iran has conveyed a "multi-layered proposal" to Washington in an attempt to break the deadlock over peace talks, a senior official familiar with the development told news agency PTI on Sunday (May 3).

The 14-point proposal is a phased de-escalation framework that seeks to separate immediate conflict management from the longer-standing dispute over Tehran's nuclear programme, the central sticking point in negotiations.

The first component focuses on urgent de-escalation around the Strait of Hormuz, with Iran indicating willingness to ease tensions provided Washington scales back its military posture and eases economic pressure, including restrictions on Iranian oil exports.

Daily consumption has fallen by 10,000 tonnes to 80,000 tonnes. India has managed to move eight LPG vessels through Hormuz via bilateral negotiations with Tehran, with the Sarv Shakti, carrying 45,000 tonnes of LPG for state-run Indian Oil Corp., completing a rare transit on Saturday.

The Iran war has been on hold since April 8. One round of peace talks has taken place in Islamabad, with Pakistan playing a facilitative role. No further formal talks have been scheduled.