Hezbollah militants in Beirut, November 2023.Marwan Naamani/picture alliance via Getty ImagesLebanon elected General Joseph Aoun as president earlier this month, ending a two-year presidential vacuum.Just days later, Nawaf Salam was named as the country's prime minister.Business Insider has taken a look at what the moves mean for Hezbollah.Lebanon elected General Joseph Aoun, the head of the Lebanese Armed Forces (LAF), as president earlier this month, ending a more than two-year presidential vacuum.Just days later, Nawaf Salam, who had been serving as the president of the International Court of Justice, was named as prime minister, replacing the Hezbollah-backed caretaker prime minister Najib Mikati.The moves marked a dramatic shift in Lebanon's power balance and highlighted the weakened state of Hezbollah, one of the country's most powerful political players.Here's what we know about Lebanon's shifting political landscape and what it means for Hezbollah.The aftermath of an Israeli airstrike on Beirut.Houssam Shbaro/Anadolu via Getty ImagesThe political shake-up in Lebanon — which operates a sectarian power-sharing system — comes in the wake of Hezbollah's costly conflict with Israel.The group had been exchanging strikes with Israeli forces since October 2023, in the wake of Hamas' October 7 attacks.But it was thrown into disarray after Israel killed its longtime leader, Hassan Nasrallah, and wounded thousands of its fighters with exploding pagers and walkie-talkies.A cease-fire deal between Israel and the Iran-backed Hezbollah took effect in November.However, the group was dealt another major blow by the fall of Syrian President Bashar Assad's regime the following month.