Mohammad Bagher Ghalibaf retains the speakership of Iran's Islamic Consultative Assembly following his May 2026 reelection to another annual term by a 235-36 internal vote margin. This outcome, combined with his continued public role in parliamentary statements on foreign policy, ceasefires, and strategic matters, has kept near-term removal probabilities low in trader pricing. The position involves annual leadership votes within the conservative-majority body, with no reported major internal challenges, opposition maneuvers, or external pressures since May that would trigger an earlier change. Any shift would likely require the next scheduled vote or a significant realignment in assembly dynamics.