With only one public IP address, you can still configure Static NAT to route connections to both an email server and a web server, as long as each service is accessed on a different port. For instance, HTTP/HTTPS traffic for the web server can use port 80/443, while the email server can use ports associated with email protocols (e.g., 25 for SMTP). Static NAT can direct incoming requests to different internal servers based on port, making this approach feasible.