Martial law, extended through at least October 31, 2026, continues to bar presidential elections under Ukrainian law, with parliament’s powers similarly prolonged. Zelenskyy has repeatedly rejected calls for a wartime vote, including recent demands from former defense minister Mykhailo Fedorov, citing security risks, logistical barriers for frontline troops and displaced voters, and the potential to divide the country amid ongoing Russian strikes. Public surveys show broad preference for delaying elections until after the conflict ends, while constitutional rules and the absence of a ceasefire or security guarantees make any ballot before year-end impractical. These factors sustain the strong trader consensus that Zelenskyy will remain in office through 2026.