President Donald Trump was heckled by two left-wing MPs during his speech to the Israeli parliament after declaring "the historic dawn of a new Middle East".

Footage showed Ayman Odeh and Ofer Cassif being escorted out by security guards after they shouted in Hebrew at Trump, who was addressing parliament hours after the release of all 20 hostages.

The Times of Israel reported that the pair were holding signs calling for the recognition of a Palestinian state.

Wild celebrations erupted in Tel Aviv as the US president arrived to a hero's welcome, with Knesset speaker Amir Ohana declaring Trump a "giant" of Jewish history.

Addressing the Israeli parliament, Trump said: "After so many years of unceasing war and endless danger, today, the skies are calm, the guns are silent, the sirens are still, and the sun rises on a Holy Land that is finally at peace.