**Iranian officials and parliamentarians have issued repeated threats to withdraw from the Nuclear Non-Proliferation Treaty (NPT) in 2025–2026, particularly in response to U.S. and Israeli strikes on nuclear sites and related sanctions pressures, but no formal notification under Article X has been delivered.** Parliamentary bills were drafted and hardline statements intensified during the 2026 conflict period, yet Iran continued full participation in IAEA safeguards discussions, submitted working papers to the 2026 NPT Review Conference (April–May), and engaged in bilateral nuclear talks into mid-2026. These actions signal that withdrawal threats have served primarily as diplomatic leverage amid unresolved enrichment disputes and fragile ceasefire efforts rather than a committed exit path. Ongoing negotiations, procedural requirements for valid withdrawal, and the risk of deeper isolation from nonproliferation frameworks and suppliers underpin the strong trader consensus against an exit before the end of 2026. No verified implementing steps or official notices have materialized despite earlier rhetoric.