Secretary of Defense Pete Hegseth said during a press conference on Thursday that the world should be thanking President Donald Trump for fighting this war against Iran.

He broadly characterized America's European allies as "ungrateful," saying they should be among those thanking Trump for "the courage to stop this terror state from holding the world hostage with missiles while building or attempting to build a nuclear bomb."

Hegseth described Iran's current and former leaders, saying, "Their core industries [are] not steel or agriculture, tourism, their core industries are state-sponsored terrorism, proxy militias, underground networks, ballistic missiles and a violent, messianic Islamist ideology chasing some sort of apocalyptic end game."

"A regime like that refusing to abandon its nuclear ambitions is not just a regional problem, it's a direct threat to America, to freedom and to civilization the world, the Middle East, our ungrateful allies in Europe, even segments of our own press should be saying one thing to President Trump, 'Thank you,'" Hegseth said.

Secretary of Defense Pete Hegseth said the U.S. will be hitting Iran with its largest strike of the conflict on Thursday.

"Iran has funneled decades of state resources not to their people but into missiles and drones and proxies and buried facilities, but we are hunting them down, methodically, ruthlessly and overwhelmingly like no other military in the world can do," Hegseth said at a Pentagon briefing on Thursday.

Hegseth said over 7,000 targets across Iran and its military infrastructure have been struck since the conflict began with joint U.S. and Israeli strikes on Tehran on Feb. 28.

"Their ability to manufacture new ballistic missiles has probably taken the hardest hit of all ballistic missile attacks against our forces down 90% since the start of the conflict. Same with one way attack UAVs," Hegseth said on Thursday.

Secretary of Defense Pete Hegseth said he joined President Donald Trump at Dover Air Force Base in Delaware on Wednesday to honor the six service members killed when their KC-135 refueling aircraft crashed in western Iraq last week.

"We grieved with their families, and we listened what I heard through tears, through hugs, through strength and through unbreakable resolve. Was the same from family after family, they said, 'Finish this. Honor their sacrifice. Do not waver. Do not stop until the job is done,'" Hegseth said at a Pentagon briefing Thursday.

"My response, along with that of the president, was simple, of course, 'we will finish this. We will honor their sacrifice,'" Hegseth said.

An Iranian drone struck a Saudi Aramco refinery in Yanbu, on the Red Sea, on Thursday, according to the Saudi Ministry of Defense.

"A drone fell in the Samref refinery and the damage is being assessed," the ministry said in a statement.

Iran's Islamic Revolutionary Guard Corps had issued warnings for several Gulf energy production sites, including the refinery in Yanbu, after Wednesday’s Israeli strikes on the South Pars Gas Field, the largest in Iran.

Kuwait earlier on Thursday said an Iranian drone had struck one of its refineries.

-ABC News' Lama Hasan and Zoe Magee

The U.S. Treasury Department announced sanctions against a network of 16 individuals and entities as part of an effort to cut off financing to Hezbollah, according to a Treasury Department official.

Alaa Hassan Hamieh, described as a Hezbollah "financier and former public investment official,” who the Treasury Department alleges oversaw a network that laundered and raised funds for group.

The Treasury Department alleged the network is estimated to have diverted more than $100 million since 2020 as part of a scheme to finance Hezbollah.

“Iran is the head of the snake when it comes to global terrorism, and its proxies, such as Hizballah, carry out Tehran’s mission to sow chaos and destruction beyond its borders,” Secretary of the Treasury Scott Bessent said in a statement.

Some of the individuals and entities allegedly involved in the scheme are located in Lebanon, Syria, Poland, Slovenia, Qatar and Canada, according to the Treasury Department.

-ABC News' Jack Date