Israeli President Isaac Herzog has deferred any decision on Prime Minister Benjamin Netanyahu’s pardon request in the long-running corruption trial, instead directing efforts toward mediation and a plea agreement between the parties. In late April 2026, Herzog stated he would consider the pardon only after those negotiations are exhausted, signaling no imminent action. The compressed window until June 30 leaves limited scope for the required Justice Ministry review, legal consultations, and formal process. External pressure from U.S. President Trump has not altered Herzog’s stated priority on reaching an out-of-court resolution first. These confirmed procedural steps underpin the market’s 94% implied probability against a pardon by the deadline.