This is a historic moment, the most serious challenge the regime has faced. Khamenei ruled Iran with iron fist for 37 years.

They don't have the stomach or desire to prolong this much. Iran's foreign minister indicated willingness to have ceasefire - usually indicates desperate mode.

One of biggest banks has collapsed already. Second one is mine to collapse. Virtually all banks are bankrupt.

Path of civil war is less likely. Nobody will benefit - China, Russia, Saudis, Turks won't benefit.

IRGC is now economic juggernaut with billions of dollars of assets. They want to keep those assets so civil war doesn't help them.

Khamenei was mastermind of intransigent anti-Americanism and anti-Israeli rhetoric. Now he's out of picture, chance for new strategy.