Macro Monday Ep116: Don’t expect much lower energy prices soon

Macro Monday Ep116: Don’t expect much lower energy prices soon

May 25, 2026 · 11 min

About this episode

Osa Mazwai discusses the implications of the US-Iran deal on energy prices and US politics.

US President Donald Trump announced over the weekend that the US and Iran were close to finalising a deal to end the war. However, notes Investment Strategist Osa Mazwai, even if the Strait of Hormuz were to be reopened completely, it will take some time for traffic to return to normal and for energy prices to fall significantly – which could be a problem for Republicans in the US midterm elections. Investec Focus Radio SA

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