Putin’s current six-year presidential term, secured in the 2024 election, runs until 2030, with constitutional provisions allowing him to seek another term extending to 2036. Russia’s September 2026 parliamentary elections delivered United Russia a record supermajority in the State Duma, which the Kremlin presented as unified backing for the president and the Ukraine conflict. No verifiable elite fractures, health announcements, or constitutional triggers have emerged to suggest an unscheduled departure. Speculation centers on long-term succession planning among figures such as Prime Minister Mishustin or Security Council Secretary Dyumin, yet these remain preparatory rather than immediate. Trader probabilities stay low for near-term removal because the political calendar and centralized control limit catalysts before 2027, though prolonged war pressures or unexpected elite shifts could alter the timeline.