Ukraine’s ongoing war with Russia and extended martial law, most recently prolonged through late October 2026, continue to bar presidential elections under the constitution, allowing incumbent Volodymyr Zelenskyy to remain in office beyond his original 2019 term. A September 2026 KIIS poll showed 53% of respondents favoring a single term for him and 71% opposing wartime voting, reflecting declining support for a second run. Zelenskyy has publicly stated readiness to step aside once hostilities end, while officials have signaled any vote would likely follow a ceasefire by several months, pointing toward 2027 or later. These factors underpin trader consensus that removal or an election by mid-2027 remains unlikely.