Iran's President Masoud Pezeshkian continues to hold office amid an active conflict with the United States and Israel that began in early 2026, with his public statements emphasizing dignified negotiations, nuclear rights, and resistance to external pressure. The appointment of Mojtaba Khamenei as Supreme Leader in March following his father's death has introduced questions about coordination at the top, yet Pezeshkian confirmed a direct meeting with the new leader on May 7 to signal unity and counter narratives of division. Pezeshkian, a trained surgeon, has also participated in the Supreme Leader's medical care after injuries sustained in strikes, while issuing open appeals for de-escalation and rejecting talks conducted under threats. These developments, alongside scheduled parliamentary budget discussions and diplomatic outreach, anchor trader assessments of near-term continuity in the presidency despite wartime uncertainties and institutional pressures.