The U.S. and Iran failed to reach a peace deal after 21 hours of negotiations.
President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes targeting military and government sites.
Trump set a deadline for Iran to fully reopen the Strait of Hormuz or face broad strikes on its critical infrastructure. Hours before the deadline expired, Trump said he had agreed to suspend planned bombing for two weeks if Iran agreed to reopen the Strait of Hormuz.
Iranian Foreign Minister Abbas Araghchi then said that "safe passage through the Strait of Hormuz will be possible via coordination with Iran's Armed Forces and with due consideration of technical limitations."
Israeli Prime Minister Benjamin Netanyahu said he supported the ceasefire with Iran, but that Lebanon -- where intense Israeli strikes continued -- was not covered by the agreement, despite Iranian protests.
Israeli Prime Minister Benjamin Netanyahu has authorized direct negotiations with Lebanon to begin "as soon as possible."
"The negotiations will focus on disarming Hezbollah and establishing peaceful relations between Israel and Lebanon," Netanyahu said in a statement released by his office.
-ABC News' Jordana Miller
Hezbollah is "desperate" for a ceasefire in Lebanon, Israeli Defense Minister Israel Katz said Thursday.
"The terrorist organization Hezbollah is desperate for a ceasefire and his Iranian patrons are pressing and threatening - for grave fear that Israel will crush Hezbollah," Katz said in a statement released by the Ministry of Defense.
"The IDF is prepared and ready to act forcefully if Iran fires at Israel," Katz said.
Katz said Hezbollah was "stunned and confused by the depth of the penetration and the scope of the blow" with more than 200 "terrorists" killed on Wednesday.
"The agreement on separating the arenas is an important achievement led by the Prime Minister, and allows us to act forcefully against Hezbollah," Katz added.
-ABC News' Jordana Miller
Kuwait's army reported that no projectiles were reported during the past 24 hours, according to the spokesman for the Ministry of Defense.
-ABC News' Othon Leyva Jr.
Following his meeting with NATO Secretary General Mark Rutte at the White House Wednesday, President Donald Trump is continuing to rail against the global alliance, calling them “very disappointing” and claiming they don’t understand “anything” unless faced with pressure.
“None of these people, including our own, very disappointing, NATO, understood anything unless they have pressure placed upon them!!!” Trump wrote on his social media platform Thursday morning.
This comes after Rutte told CNN last night that the president expressed clear disappointment in the NATO allies for not heeding his requests for help with Iran, though Rutte had argued that Europe has in fact helped the U.S.
-ABC News' Emily Chang
