Masoud Pezeshkian continues to hold Iran's presidency amid the ongoing US-Israel conflict, with recent statements emphasizing wartime footing and diplomatic outreach while facing reports of internal friction with Islamic Revolutionary Guard Corps commanders over military decisions. In early May 2026 he publicly highlighted a constructive meeting with Supreme Leader Mojtaba Khamenei to counter narratives of leadership division, shortly after unnamed sources suggested he had weighed resignation before securing direct access to the recovering leader. State media and presidential aides have dismissed resignation rumors as fabricated, stressing joint decision-making. Traders are monitoring how sustained attacks on infrastructure and any escalation or de-escalation in hostilities could influence his position through constitutional or political pressures before the end of his term.