3449942 - Deployment fails and Finalize deployment process is not run - SAP Commerce Cloud

Deployments failing without going through the Finalize deployment process, regardless of Platform Update Mode.
Subprocesses All services available/All customer-facing services available and Deployment complete are not performed.

No migration required:

Migrate data:

In Cloud Portal, the affected service apparently has no replicas defined and is not running:

However, logs show the service replicas are in a loop, unable to start (KBA 3349726 - Replicas of a service not starting up or in endless loop - SAP Commerce Cloud):

SAP Commerce Cloud

commerce, cloud, ccv2, Finalize deployment, All services available, All customer-facing services available, Deployment complete , KBA , CEC-SCC-CLA-DEP , Deployments , Problem