Deal said in the works to revive US-Iran MOU, open Hormuz for 60 days without fees

A deal is being mediated to return the United States and Iran to the memorandum of understanding the two countries signed last month, sources aware of the details told Channel 12 on Sunday. The deal would ensure that the Strait of Hormuz remains open for 60 days without fees and renew a ceasefire between the two sides, according to the report. Around the same time, Iranian state media said negotiations between Iran and Oman over a mutual mechanism to govern the strait were in their final stages. The US-Iran memorandum obligated Iran to fully open the strait "for 60 days only," and did not impose restrictions after that. It collapsed amid competing claims over Hormuz, with US President Donald Trump insisting the strait would be open, while Tehran believed the deal allowed it to dictate the route taken by ships through the key waterway. Late Saturday, Trump said Iran had agreed to open the strait and announced that he had called off a major attack on the Islamic Republic, adding that Israel was on board. Tehran denied there was a deal. According to Channel 12, Israel was to be part of the attack, which was called off about 24 hours before it was set to begin, and only learned that it would not be carried out after Trump published a message to that effect in a social media post. On Friday and Saturday, Qatar engaged in intensive talks with Iran, the US, and Oman to try to head off the attack and open up the Strait of Hormuz, according to the report. Qatari officials told Trump on Saturday that they needed another day to reach a solution with Iran, and he agreed. Later in the day, Qatar told Trump that Iran had agreed to a proposal to open the Strait.