HOUSE OVERSIGHT 031573 Saudi and Iran, powerhouses of Sunni and Shiite Islam respectively, presently support opposing sides in many of the Middle East's major confrontations, and are often seen as having radically divergent and competing visions for the future of the region. Which is why, in Lebanon — a country where the two powers wield extensive influence over their respective allies — the news of a possible rapprochement has already sparked confidence that political deadlock on a number of key disputes may be resolved, perhaps even defying expectations of a presidential vacuum by ushering in a successor to President Michel Suleiman in time for the expiry of his term on 25 May. "I [now] believe we will have an elected president on the 25th," said MP Ahmad Fatfat of the Saudi-supported Future Movement. "That [Prince Faisal's] invitation was public means they already agreed on many points under the table. That means the negotiations regarding the new president have already been done." Beyond the elections, Fatfat added the talks would likely also yield wider benefits in terms of security and the economy. Earlier this week, Saudi lifted what has been described as an "unofficial ban" on its citizens traveling to Lebanon, fueling hopes of a boost to the country's struggling tourism industry. Saudi analysts concurred that the overall situation in Lebanon would likely improve in the near future. "I think in Lebanon there is already agreement [between Saudi and Iran]," said Jamal Khashoggi, veteran Saudi journalist and former advisor to then- ambassador Prince Turki al-Faisal. "The agreement in Lebanon is to contain the situation." In neighboring Syria, however, where Iranian-backed regime forces continue to suppress a Saudi-supported armed rebellion, Khashoggi expects very little to materialize from Saudi-Iranian talks. "I'm not optimistic," he told NOW. "The Saudis and Iranians are still far apart. The Iranians must relinquish their expansio