The new cease-fire also gives an oversight role to the United States, which Iran and Hezbollah have long railed against for its staunch support for Israel. Iran and Hezbollah would have only accepted such an arrangement if they were desperate to stop the war, analysts said.

For many across the Middle East, the Israel-Hezbollah ceasefire came as a relief: the first major sign of progress in the region since war began more than a year ago.

Hezbollah has emerged from its war with Israel leaderless and weak, no longer the force that Iran has depended on. Will Israel seek to take advantage of Tehran’s vulnerability?