Russia maintains its 2022 partial mobilization decree in effect while shifting to a year-round conscription system targeting 261,000 personnel for 2026, including a fall phase dispatching about 120,000 conscripts to units from October 10. Officials, including Putin, have repeatedly denied plans for a new public forced mobilization, citing sufficient contract recruitment and labeling related reports as disinformation. Manpower pressures persist due to high casualties in the Ukraine conflict and slower voluntary enlistments, prompting force-size increases, reservist training decrees, and pressure on conscripts to sign contracts that enable combat deployment. These mechanisms allow incremental recruitment without a televised nationwide call-up, shaping trader views on the low likelihood of an explicit announcement in the near term.