OSLO (Reuters) – Iran is prepared to work on French proposals to salvage the international nuclear deal that Tehran signed with world powers in 2015 but it will not tolerate U.S. interference in the Gulf, its foreign minister said on Thursday.

At a time of heightened friction between Tehran and Washington, Iran also on Thursday displayed what it described as a domestically built long-range, surface-to-air missile air defense system. The United State abandoned the international nuclear deal in May last year and stepped up sanctions on the Islamic Republic.

In an effort to prop up the agreement, French President Emmanuel Macron offered on Wednesday to either soften sanctions on Iran or provide a compensation mechanism “to enable the Iranian people to live better” in return for full compliance with the pact.

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