Ongoing martial law in Ukraine, extended by the Verkhovna Rada through August 2026 following President Volodymyr Zelenskyy's April 2026 draft laws, continues to prohibit presidential elections under constitutional rules. This framework, in place since the 2022 Russian invasion, allows the incumbent to retain powers until a successor is sworn in, sustaining trader consensus at 96.7 percent that Zelenskyy remains in office through June 30. No verified moves toward resignation, impeachment, or leadership transition have emerged amid persistent hostilities and stalled ceasefire talks. Shifts could still occur via an abrupt security guarantee agreement enabling a vote, a health-related development, or sudden parliamentary action, though current diplomatic and military conditions make such changes unlikely in the near term.