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Significance
A second round of the presidential polls will be held on May 26 if no candidate achieves 50% of the vote. The main issue at stake is which of two major political currents -- conservative/principalist or moderate/reformist -- will control state resources and patronage.
Impacts
The election outcome will not affect Iran’s commitment to the 2015 nuclear agreement.
A good reformist showing in Tehran local polls could force out the conservative mayor, Mohammad Baqer Qalibaf.
US policy towards Iran is likely to remain ambivalent, whether the president is moderate or conservative.
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2017
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