Israel's October 27, 2026, Knesset election produced no majority, with Benjamin Netanyahu's bloc securing 53 seats and Gadi Eisenkot's opposition grouping 48, alongside 19 for Arab parties. President Isaac Herzog assigned Eisenkot the mandate to form a government on November 8, initiating a 28-day window extendable by 14 days that ends around December 20. Netanyahu continues as caretaker prime minister during negotiations for a possible minority or unity arrangement, while Eisenkot pursues a broad coalition amid reported divisions over policy and personnel. The Knesset was sworn in on November 10, and ongoing talks focus on securing sufficient support or defectors before deadlines trigger further mandates or fresh elections. These procedural timelines and coalition arithmetic directly shape trader assessments of removal timing.