Jefferies global economist Mohit Kumar stated in a report that despite the fragility of the Middle East ceasefire agreement, it is expected to be maintained. Kumar said, "We have reached a stage where both sides want a ceasefire because continuing the war would have negative consequences for both." He added, "Trump wants an agreement because he doesn't have the support to continue the war from his 'Make America Great Again' base." Meanwhile, the Iranian Islamic Revolutionary Guard Corps will be crippled by economic devastation, potentially paving the way for further uprisings. He stated, "Given the interests of both sides, we believe this fragile ceasefire will persist." (Jinshi)