Israeli President Isaac Herzog has prioritized efforts to mediate a plea deal in Prime Minister Benjamin Netanyahu’s ongoing corruption trial over any immediate review of the pardon request submitted in November 2025. As of late April 2026, Herzog explicitly rebuffed calls for a swift pardon decision while the Ministry of Justice opinion and legal reviews emphasized that such clemency would require resignation, an admission of guilt, or a conviction—conditions Netanyahu has rejected. With the trial in its cross-examination phase and no procedural movement reported since, the compressed timeline to June 30 leaves insufficient room for the required consultations, opinions, and presidential action. Traders therefore assign a 95% probability to “No,” consistent with the institutional barriers and Herzog’s stated preference for negotiated resolution.