President Isaac Herzog has repeatedly delayed any decision on Benjamin Netanyahu's November 2025 pardon request in the long-running corruption trial, instead directing efforts toward mediation for a plea deal between the prime minister and the attorney general. Legal reviews have indicated that a pardon would typically require an admission of guilt, expression of remorse, resignation from office, or conviction, none of which Netanyahu has offered. External pressure from U.S. President Trump has not altered Herzog's stance, while the trial remains active amid Israel's security priorities and political calendar. These procedural and institutional hurdles continue to shape trader assessments of near-term resolution prospects.