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27.05.2026

Oil seen dropping below pre-conflict levels, Mario Nawfal notes — Oil prices could fall below pre-conflict

Mario Nawfal, founder & CEO at IBC Group, highlights a statement by Sec. Bessent suggesting that oil prices are likely to decline below pre-conflict levels, even though Iran has not handed over uranium and the Strait is not fully open yet.

Nawfal describes the outlook as a bold call, given the ongoing geopolitical and supply uncertainties.

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Nawfal recently noted the SpaceX IPO filing triggered a rally in space and satellite stocks, including a 26% jump for Redwire and gains for Firefly, according to a recent report. He also highlighted the S&P 500 reaching an all-time high as the index approached a rare nine-week winning streak, as detailed in a previous article. These market observations come as Nawfal weighs in on energy price forecasts tied to geopolitical risks.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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