Israel Election: Benjamin Netanyahu Declares Victory

Israel's Prime Minister Benjamin Netanyahu has declared victory in the general election held on Monday.

Meanwhile, the exit poll of Channel 13 showed the potential coalition led by Netanyahu's Likud gaining 59 seats in the Knesset, two seats short of a majority.

Commenting on his victory, Netanyahu made clear what he wanted to achieve in the coming years as the Israeli prime minister. This included applying sovereignty in Judea and Samaria (the West Bank) and the Jordan Valley, a "historic alliance" with the United States, and establishing peace with leading Arab states, as quoted by Kann News.

He also said that it was high time to stop the election rounds and form a government in Israel, though he did not elaborate on the details of a future government coalition.

"It's time for reconciliation", the Israeli premier said.

Head of Yisrael Beiteinu (Israel Our Home) party Avigdor Lieberman tweeted he would not join "any government led by Netanyahu and Shas and United Torah Judaism".

Earlier, Netanyahu thanked his party's supporters via Twitter as early exit polls said Likud was set to gain a majority of seats in the Knesset, the Israeli parliament. Defence Minister Naftali Bennet also tweeted he would advise the president to mandate Netanyahu to form the government.

The 2 March snap parliamentary vote was an unprecedented case in the history of Israel, as it was the third election held in a row within less than a year. In April and September respectively, Likud failed to either secure a majority in the Knesset or negotiate a broader coalition with the opposition.