Masoud Pezeshkian remains Iran's president amid an ongoing U.S.-Israel conflict that began in late February 2026, including strikes that killed Supreme Leader Ali Khamenei and prompted Pezeshkian’s brief service on an interim leadership council. Trader focus centers on whether sustained economic strain from sanctions, oil export disruptions, and a recent oil minister resignation for personal reasons could prompt resignation, parliamentary removal, or other exit before his term ends. Pezeshkian continues active diplomacy, including recent summits in Armenia and Turkmenistan plus meetings with regional counterparts, while publicly rejecting coercion and conditioning any talks on sanctions relief. No confirmed removal process or constitutional challenge has advanced, though the war’s trajectory and domestic cohesion pressures remain the dominant variables for any near-term shift in his status.