Trump said the U.S. didn't meet out of "desperation, Iran did."
President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes targeting military, government and infrastructure sites.
Following the announcement of a two-week ceasefire, initial U.S.-Iran talks in Pakistan in April failed to reach a peace deal. Trump later announced the open-ended extension of the ceasefire and the continuation of a U.S. blockade until negotiations concluded.
On Sunday, Trump announced that the U.S. and Iran had reached a "great deal." The memorandum of understanding was read to reporters on Wednesday, and the U.S. and Iranian presidents signed it that day, a White House official said.
U.S. Central Command said that more than 20 vessels passed through the Strait of Hormuz overnight.
"U.S. forces will continue to operate in the general area to support freedom of navigation," Central Command spokesman Capt. Tim Hawkins said in a statement Friday.
President Donald Trump said that he has to keep Israel and Israeli Prime Minister Netanyahu "sane" in a newly released clip from an interview he taped with Axios Thursday afternoon.
"If it weren't for Donald Trump and Bibi Netanyahu, who I work well with -- but he will tell you -- we're the ones with the guns, we're the ones with the whole deal, we're the ones with the B2 bombers, et cetera. If it weren't for Donald Trump, Israel would have been eviscerated," Trump said.
"It's good," Trump said, about his relationship with Netanyahu. "But we have to keep them a little bit, uh…sane."
At least 47 people have been killed and 97 injured in Israeli strikes on Lebanon Friday, according to the Lebanese Ministry of Public Health. At least two children and seven women are among the dead, officials said.
At least 3,980 people have died since the beginning of the war, including 250 children. More than 12,000 people have been injured, according to the ministry.
-ABC News' Ghazi Balkiz
Israel and Hezbollah have agreed to a ceasefire beginning at 4 p.m. local time, a U.S. official confirmed to ABC News.
At 4:30 p.m. local time, an IDF spokesperson answered a question about a ceasefire going into effect, saying, "These are matters at the political level. As long as we have not received other instructions from the political level, we will continue to operate."
The news of the ceasefire was first reported by Reuters.
-ABC News' Michelle Stoddart
