Iranian President Masoud Pezeshkian and Parliament Speaker Mohammad Bagher Ghalibaf reportedly sought Abbas Araghchi’s removal in late April 2026, citing his alleged independent coordination with Revolutionary Guards commanders on nuclear and ceasefire talks without sufficient cabinet oversight. Araghchi has remained in office through May and early June, conducting high-level diplomacy including meetings in Beijing and Islamabad plus public statements on U.S. negotiations, Strait of Hormuz access, and regional ceasefires. Key variables include potential cabinet reshuffles, parliamentary votes, or Supreme Leader directives amid ongoing post-conflict diplomacy; any dismissal would likely require formal presidential action or assembly approval. Trader sentiment reflects uncertainty over whether internal power struggles will produce near-term changes or allow Araghchi to retain his role through the current negotiation window.