The White House said on Friday that the Strait of Hormuz was "completely open."
President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes targeting military and government sites.
After negotiations, U.S.-Iran talks in Pakistan failed to reach a peace deal. Trump said that Iran's nuclear program was the key sticking point, and said the U.S. would respond with a blockade of the Strait of Hormuz starting at 10 a.m. ET on Monday.
Iran announced it would fully reopen the Strait of Hormuz on Friday, but Trump said the blockade will remain in place until the U.S.'s "transaction" with Iran is complete.
Israel, meanwhile, has reached a ceasefire agreement with Lebanon, ending its ground operations and intense strikes, where it was engaged with the Iran-backed Hezbollah militia. Israeli Prime Minister Benjamin Netanyahu said he supported the ceasefire with Iran.
President Donald Trump told reporters outside the White House that the U.S. is "very close" to a deal with Iran.
Negotiators led by Vice President JD Vance met with Iranian leadership Pakistan last weekend for direct negotiations to end the war, but they did not reach an agreement.
President Donald Trump told reporters outside the White House that the ceasefire agreement reached between Lebanon and Israel includes Hezbollah. Hezbollah was not part of negotiations between Lebanese and Israeli leaders.
Asked whether he thinks Hezbollah will abide by the ceasefire agreement reached, Trump said, "I think they will."
The Republican-led House on Thursday narrowly failed to adopt a war powers resolution that attempted to curtail President Donald Trump’s military actions in Iran.
The final vote was: 213-214 with Rep. Warren Davidson, R-Ohio, voting present.
Rep. Thomas Massie, R-Ky., was the only Republican to vote in favor. Rep. Jared Golden, D-Maine, was the only Democrat to vote against the resolution.
On March 5, the House failed to adopt an Iran war powers resolution by a vote of 212-219.
The Senate on Wednesday also failed to advance a similar Iran war powers resolution.
Israel and Lebanon have agreed to a 10-day ceasefire, President Donald Trump announced in a post on social media.
"These two Leaders have agreed that in order to achieve PEACE between their Countries, they will formally begin a 10 Day CEASEFIRE at 5 P.M. EST," Trump wrote in the post.
This comes after Lebanon and Israel met in Washington, D.C. for talks earlier this week.
Trump added that he will invite Lebanon's President Joseph Aoun and Israeli Prime Minister Benjamin Netanyahu to the White House for "the first meaningful talks between Israel and Lebanon since 1983, a very long time ago."
"Both sides want to see PEACE, and I believe that will happen, quickly," Trump said.
