Masoud Pezeshkian’s position as Iran’s president remains shaped by internal power dynamics and wartime constraints. Reports from late May 2026 claimed he submitted a resignation letter to the Supreme Leader’s office, citing exclusion from major decisions amid growing IRGC influence, though Iranian officials and state media immediately rejected the claims as unfounded. Pezeshkian, elected in 2024, has navigated regional conflicts, U.S. talks, and the transition following Supreme Leader Ali Khamenei’s death, with Mojtaba Khamenei succeeding him in March 2026. Traders focus on whether ongoing factional tensions or external pressures could prompt an earlier exit before his term ends in 2028, or whether confirmed continuity in his role stabilizes the outlook. No major scheduled votes or deadlines currently alter the timeline.