**Iranian officials and lawmakers have intensified public debate over NPT withdrawal amid IAEA referrals to the UN Security Council, reported attacks on nuclear sites, and sanctions pressure, but no formal Article X notice or completed exit process has occurred.** Parliamentary initiatives, including petitions signed by over 130 lawmakers and multiple “triple-urgency” bills introduced in September 2026, remain under review by the presiding board and require approval from the Supreme National Security Council and senior leadership. Senior figures such as Mohsen Rezaei have stated that any decision depends on U.S. conduct and broader negotiations, while the Foreign Ministry confirms ongoing expert discussions yet stresses that Iran continues to fulfill its treaty obligations. Russia has publicly opposed an exit, and President Masoud Pezeshkian has reiterated Iran’s nuclear doctrine against weapons development. These factors—combined with the multi-month notification timeline and institutional checks—support traders’ strong consensus that withdrawal is unlikely before the 2027 cutoff.