The US and Iran have agreed to halt hostilities and continue peace talks in Doha, Qatar on Tuesday, according to several media outlets that cited senior US officials.

The sides exchanged strikes on Friday and Saturday, just 11 days after they signed a memorandum of understanding (MoU) aimed at providing a path to definitively end the conflict that began in late February with a joint US and Israeli attack on Iran. Over the weekend, the US targeted military sites in southern Iran after blaming Tehran for drone strikes on ships sailing through the Strait of Hormuz. Iran responded by firing missiles at Kuwait and Bahrain which host American bases.

“We decided to stop all the kinetic activity,” a US official told Axios on Sunday.

“Technical talks are slated to continue on all areas of the MOU. Both sides will stand down for now and vessels can move freely,” another official told The Hill, referring to the agreement signed by Washington and Tehran. Both officials said the two countries are expected to meet in Doha on Tuesday.

Iran’s Islamic Revolutionary Guard Corps (IRGC) warned earlier that more attacks by the US would result in the “complete halt of all diplomatic processes.”

Speaking at a news conference in Baghdad on Sunday, Iranian Foreign Minister Abbas Araghchi said the Strait of Hormuz “will return to its pre-war capacity under Iran’s exclusive management within 30 days.”

He stressed that “the responsibility for implementing these arrangements lies solely with the Islamic Republic” and warned that “any intervention or attempt to create parallel arrangements” would complicate the situation and delay the reopening of the strategic waterway.

The MoU signed on June 17 established an extendable 60-day window for Washington and Tehran to negotiate a final settlement.

According to Axios, negotiators originally planned to meet in Switzerland and discuss Iran’s nuclear program, but the latest escalation shifted the focus to the Strait of Hormuz. Iran insists on the right to determine the regime in the strategic waterway and to collect fees, while the US rejects these demands.

The Strait of Hormuz, which handles around a quarter of the global seaborne oil and LNG trade, has remained closed to nearly all ships throughout the conflict.