Iran's next scheduled presidential election is set for 2028 under the four-year term following Masoud Pezeshkian's 2024 victory, with authorities exploring alignment of presidential and parliamentary votes in May of that year to streamline logistics. No constitutional mechanism or public signals point to an earlier contest absent the president's death, resignation, or incapacity, which would trigger a snap vote within 50 days per Article 131. Ongoing focus centers on Assembly of Experts deliberations over Supreme Leader succession after the 2026 leadership transition, alongside regional tensions, but these have not disrupted presidential timelines. Traders price limited near-term probability for an unscheduled election, reflecting the system's preference for orderly four-year cycles and limited recent catalysts for acceleration.