Ceasefire or escalation, a new normal has taken hold in the Middle East

Iran is holding back its retaliation while waiting for Hamas - Israel ceasefire negotiations. In either case, this war has changed the region permanently, and future rounds are likely to be similar.

Commercial summary: in the coming few days, there will either be a ceasefire, which would all but guarantee Hamas’ survival and political victory, or a major escalation. Escalation would severely dam…