Joseph Aoun, Lebanon's army chief, has been elected as the country's new president, bringing an end to a prolonged two-year political vacuum. His election is viewed as a major step toward stabilising Lebanon, which is currently facing a severe financial crisis. Aoun is widely considered the candidate supported by both the United States and Saudi Arabia. Previously, Hezbollah had thrown its weight behind Suleiman Frangieh, the leader of a small Christian party in northern Lebanon. However, Frangieh unexpectedly withdrew from the presidential race on Wednesday, endorsing Aoun instead, which paved the way for the army chief's ascent to the presidency. This move has led to speculations that Hezbollah may be recalibrating its strategy, particularly in the context of a fragile ceasefire with Israel.
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