Israel's election results remain incomplete, with more than 77% of votes counted as of Wednesday, according to the BBC. Benjamin Netanyahu's bloc holds 54 seats, while the opposition bloc led by Gadi Eisenkot has moved up to 49. Neither side is currently on course to secure the 61 seats required to form a majority government.

The BBC reports that Arab list parties were initially projected to take 19 seats, but that figure has since been revised down to 17. The Times of Israel also reported the same seat tallies, describing the Likud-led bloc as leading the count while remaining short of a majority.

Coverage from multiple outlets points to a tight race. Al Jazeera described the two blocs as running close together, while CNN reported that Netanyahu remained defiant even as no clear winner had emerged. Reuters reported that Netanyahu had survived another day with unexpectedly clear backing from Israeli Jews.

With no bloc yet able to command a majority in the Knesset, the final allocation of seats will depend on the remaining votes still being counted. The BBC's reporting indicates the count is continuing, and the totals for each bloc could still shift.

What to watch next: the completion of the vote count and the revised seat totals, which will determine whether either bloc can assemble a governing coalition or whether negotiations with smaller parties become necessary.