Iranian lawmakers recently submitted formal proposals to parliament for NPT withdrawal following U.S. strikes and related escalations, citing lost benefits and violations of commitments. These moves reflect internal pressure but remain at the discussion stage without government endorsement or the required three-month notification under Article X. Tehran continues to affirm its right to peaceful nuclear activities under the treaty, maintains limited IAEA cooperation at select sites like Bushehr, and has signaled openness to diplomacy amid stalled talks. Historical precedent shows Iran using withdrawal threats for leverage without completing exit, while full implementation before 2027 faces significant procedural, security, and diplomatic barriers that traders view as unlikely to be cleared in the short term.