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The United States announced the ceasefire agreement on Wednesday night following a fresh round of talks.
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President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes.
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The Lebanese militant group's attacks have caught Israelis off guard, forcing its political and military leaders to scramble for solutions.
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Women and children were among those killed when Israeli aircraft struck at least four residential buildings in several areas.
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Israel said it will continue to strike Lebanon for the time being and won't be withdrawing from the south of that country, after Lebanon and Israel agreed to a ceasefire contingent on Hezbollah halting attacks. Hezbollah's chief rejected the ceasefire, saying the Israel attacks need to stop.
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U.S. Central Command said Tuesday that it had defeated multiple Iranian ballistic missiles following "attempted attacks" by Iran.
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