Secretary of Defense Pete Hegseth and Gen. Dan Caine, the chairman of the Joint Chiefs of Staff, told reporters that the Strait of Hormuz has reopened.

"The strait is open," Hegseth said.

Hegseth said ships “will be sailing” through Hormuz.

“It's time for the rest of the world to step up and ensure that that stays open, after President Trump and the War Department brought Iran to the place where they are voluntarily opening it right now, as was announced last night," Hegseth said.

Israel will continue to target Hezbollah in Lebanon using "every operational opportunity," Lt. Gen. Eyal Zamir, the Chief of General Staff of the Israel Defense Forces said in a statement Wednesday.

"We will continue striking the Hezbollah terror organization and will utilize every operational opportunity. We will not compromise the security of the residents of northern Israel," Zamir said.

Secretary of Defense Pete Hegseth said the U.S. is monitoring Iran's enriched uranium and that it being handed over is a "non-negotiable" for the U.S.

"We know exactly what they have, and they know that, and they will either give it to us, which the president has laid out, will give it to us voluntarily ... or if we have to do something else ourselves, like we did in Midnight Hammer or something like that, we reserve that opportunity," Hegseth said.

"What the new Iranian regime knows is they'll never have a nuclear weapon or the capability to get a path to one," Hegseth said.

Gen. Dan Caine, the chairman of the Joint Chiefs of Staff, welcomed the ceasefire agreement but said the U.S. remains ready to continue combat operations "if called upon."

Caine honored the lives of the 13 service members killed in the operation before outlining U.S. achievements in Iran.

When ordering the beginning of the strikes, President Donald Trump set "three distinct military objectives: destroy ballistic missile and drawing drone capabilities, destroy the Iranian Navy and destroy their defense industrial base to ensure that Iran can reconstitute the ability to project power outside their borders."

Caine said the U.S. achieved the objectives.

Israeli Defense Minister Israel Katz said Monday that Israel launched attacks on Iran's southern petrochemical infrastructure in the Persian Gulf port city of Asaluyeh.

"Two facilities, which together are responsible for about 85% of Iran's petrochemical exports, have been taken out of service and are not functioning," Katz said.

Iran's semi-official Tasnim News Agency reported that the Mobin and Damavand companies -- which supply electricity, water and oxygen to Asaluyeh's petrochemical facilities -- were hit.

The deputy governor of the southwestern Bushehr province told the state-run IRNA agency that no casualties had been reported from the attack.

Asaluyeh's facilities were previously targeted in U.S.-Israeli attacks last month.

-ABC News Somayeh Malekian and Dana Savir