Israeli President Isaac Herzog has so far declined to grant Benjamin Netanyahu a pardon on his long-running corruption charges, opting instead to pursue mediation toward a potential plea deal. Netanyahu formally requested clemency in late 2025 amid an active trial where he completed testimony in June 2026 after 98 hearings. External pressure from U.S. President Trump has highlighted Netanyahu’s wartime role and called for resolution, yet Israeli officials, including the Justice Ministry’s Pardons Department, have cited procedural and evidentiary concerns. With the trial continuing and no imminent settlement, trader consensus assigns low implied probability to a pardon by year-end or earlier dates, reflecting the president’s constitutional discretion, domestic political sensitivities, and preference for negotiated outcomes over executive relief.