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.

Report by Petra Abou Haydar, English adaptation by Karine Keuchkerian The Gaza ceasefire has come into effect, marking the start of a prisoner exchange between Hamas and Israel. O

On the eve of his departure from office, US President Joe Biden celebrated the implementation of a ceasefire between Israel and Hamas, declaring the region had been "fundamentally transformed" after months of intense conflict and diplomacy.