Israeli President Isaac Herzog holds sole constitutional authority to grant pardons in corruption cases but has so far declined to act on Prime Minister Benjamin Netanyahu’s November 2025 request, instead directing renewed plea-deal talks between the Attorney General and defense counsel. The Justice Ministry’s Pardons Department continues reviewing supplementary materials as of early 2026, with Herzog emphasizing procedural norms that favor negotiated resolutions over clemency before conviction. Netanyahu’s trial testimony concluded in June 2026 amid repeated delays from security and wartime constraints, leaving the outcome dependent on any future plea agreement or Herzog’s eventual recommendation. External diplomatic pressure, including from U.S. officials, has surfaced periodically without altering the president’s stated preference for arbitration. Traders monitor scheduled court sessions and coalition dynamics that could influence Herzog’s timeline before any fixed resolution date.