Iran live updates: US blockade of Iran's Strait of Hormuz ports to begin Monday

In a late- night social media post following the announcement of a two-week ceasefire deal, President Donald Trump called it "a big day for World Peace!" and claimed that the U.S. "will be helping with the traffic buildup in the Strait of Hormuz."

"There will be lots of positive action! Big money will be made. Iran can start the reconstruction process. We'll be loading up with supplies of all kinds, and just 'hangin' around' in order to make sure that everything goes well. I feel confident that it will," Trump said in the post.

Earlier Tuesday, Trump said that a two-week ceasefire with Iran was contingent on agreeing to "the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz."

It's unclear when that will happen, and what role the U.S. might play in reopening the critical waterway.

-ABC News' Meg Mistry

A statement from the office of Israeli Prime Minister Benjamin Netanyahu says Israel supports President Donald Trump's decision to suspend strikes against Iran for two weeks subject to Iran immediately opening the Strait of Hormuz.

The two-week ceasefire does not include Lebanon, the prime minister's office said.

Following the announcement of a temporary ceasefire between the U.S. and Iran, White House press secretary Karoline Leavitt celebrated the development.

"This is a victory for the United States that President Trump and our incredible military made happen," Leavitt said in a social media post. "From the very beginning of Operation Epic Fury, President Trump estimated this would be a 4-6 week operation."

The post went on: "The success of our military created maximum leverage, allowing President Trump and the team to engage in tough negotiations that have now created an opening for a diplomatic solution and long-term peace."

Leavitt also credited Trump, saying he "got the Strait of Hormuz reopened."

Earlier, Iran's foreign minister said in a statement the two-week deal includes "safe passage" through the strait "via coordination with Iran's Armed Forces."

Responding to President Donald Trump's ceasefire proposal, Iran declared victory Tuesday with Iran's foreign minister saying the Iranian military will "cease their defensive operations" if the U.S. halts its attacks.

Regarding the reopening of the Strait of Hormuz, Iran Foreign Minister Seyed Abbas Araghchi said: "For a period of two weeks, safe passage through the Strait of Hormuz will be possible via coordination with Iran's Armed Forces and with due consideration of technical limitations."

It's unclear if such a proposal will satisfy Trump's demand for the "COMPLETE, IMMEDIATE, and SAFE" reopening of the strait.

Following Trump's announcement, Iran's Supreme National Security Council posted a lengthy statement on Iranian state media declaring victory and laying out details of a 10-point plan for ending the war, including unverified claims about U.S. concessions.

In announcing the ceasefire proposal, Trump called the 10-point plan "a workable basis on which to negotiate" but did not provide specifics.

The Supreme National Security Council said two weeks of negotiations are set to begin later this week.

White House press secretary Karoline Leavitt said there are discussions about in-person talks, "but nothing is final until announced by the President or the White House."