Masoud Pezeshkian remains in office amid ongoing internal power dynamics following the 2026 transition to Supreme Leader Mojtaba Khamenei and the conclusion of direct conflict with the United States and Israel. Repeated unconfirmed reports of resignation threats, including a May 2026 letter citing exclusion from key decisions by the Islamic Revolutionary Guard Corps, have fueled speculation about his tenure, though Iranian officials and the president himself have consistently denied any plans to step down and affirmed coordination with security institutions. Recent weeks have seen Pezeshkian engage in diplomatic outreach at the Shanghai Cooperation Organization summit and manage domestic challenges such as energy shortages and U.S. sanctions, while hardline factions and external reporting continue to highlight frictions over policy influence and the scope of presidential authority. These tensions, set against Iran's post-conflict stabilization efforts, shape trader assessments of potential early departure scenarios.