The April 30 deadline elapsed without any declaration of independence from the Kurdistan Regional Government (KRG), solidifying trader consensus at 100% probability for "No" as no official announcements emerged from KRG leadership, parliament, or federal institutions. Recent political deadlock has stalled government formation in the Kurdistan Region, leaving it exposed amid over 800 Iranian drone and missile attacks since late February, while KRG statements reaffirm commitment to Iraq's federal sovereignty, stability, and good neighborly relations. Absent international support and facing Baghdad's historical opposition—evident since the 2017 referendum backlash—independence remains untenable. Realistic shifts would require verifiable late-breaking KRG action, though primary sources confirm none occurred.