Imo the point of the ceasefire was only to give Trump an off ramp from his promised war crimes. The involved parties basically had to cater to Trump's delusional state of mind to prevent a collapse of the world economy. It has worked for now in the sense that people are talking about who is breaking the ceasefire instead of whether there will be any oil infrastructure left in the Gulf.
In general, a lot of countries still seem to be trying to find ways to placate Trump in the hope that the problem will eventually fix itself.
I went to bed thinking the Gulf region would be in flames (more than it has been) when I woke up.