The most likely impact of the two ceasefires is for all parties to avoid returning to war. The risk of one blown ceasefire leading to another will weigh heavily on their minds.

CAIRO (Reuters) - Hezbollah chief Naim Qassem congratulated Palestinians on Saturday over the Gaza ceasefire deal, saying in a speech that it proved the "persistence of resistance" against Israel. The remarks were the first in public by the leader of the Iran-backed Lebanese militant group since Israel and Hamas reached the accord on Wednesday.

Once the guns fell silent, Palestinians celebrated in the streets of Gaza while Israelis streamed into Tel Aviv’s “Hostages Square” to await their return.

A truce in the brutal war that began with the Oct. 7, 2023, Hamas attacks trades 3 Israeli hostages for 100 Palestinian prisoners. No American is on the list.

Hamas' armed wing said the group would abide by a ceasefire agreement that came into force in Gaza on Sunday but that any possible Israeli violations would endanger the process and put the lives of hostages at risk.