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Analysis-For Riyadh, Hezbollah setback is rare good news from Lebanon

By Tom Perry, Parisa Hafezi and Ghaida Ghantous BEIRUT/DUBAI (Reuters) - For Saudi Arabia, losses for Iran s allies in a Lebanese general election mark a rare piece of good news from a country where Tehran has long been ascendant, and could play to Riyadh s advantage in a regional tussle for influence. The loss of a parliamentary majority won by Hezbollah and its allies in 2018 is a reversal for the heavily armed group, a dominant force in Lebanon for years with unwavering support from Shi ite-led Iran, and may present Sunni Muslim-led Saudi Arabia with new possibilities for reasserting sway in Beirut. Saudi Arabia had largely washed its hands of Lebanon after spending billions to carve out influence, only to watch Hezbollah s role grow and Iran extend its regional clout via other proxies closer to home, including in Yemen and Iraq. Amid signs of renewed Saudi interest in Lebanon, analysts believe Riyadh will manoeuvre cautiously rather than dive fully back into a country where Shi ite ....

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