Netanyahu win gives US peace plan 'better chance:' Trump

President Donald Trump said Wednesday that election results handing a narrow victory to right-wing Israeli Prime Minister Bibi Netanyahu give a "better chance" to a yet to be unveiled US peace plan.

"I'd like to congratulate" Netanyahu, said Trump after nearly complete results put the incumbent premier in position to form a coalition and extend his long tenure.

Trump predicted a boost to his administration's promised plan for a settlement to the Israeli-Palestinian conflict.

"The fact that Bibi won I think we'll see some pretty good action in terms of peace," Trump said.

"Everybody said you can't have peace in the Middle East with Israel and Palestinians. I think we have a chance and I think we now have a better chance," he said.