Step 1: Current Prime Minister.
As of the most recent elections, Benjamin Netanyahu is serving as the Prime Minister of Israel.
Step 2: Political Context.
Netanyahu has held office multiple times, with his recent term starting in December 2022.
Step 3: Verifying the Options.
Option (1): Benjamin Netanyahu is the correct answer.
Option (2): Yair Lapid briefly served as Prime Minister but is not the current one.
Option (3): Ehud Olmert served earlier but is no longer in office.
Option (4): Naftali Bennett served briefly before Netanyahu's return.