Brent crude steadied around $65–70 as markets found equilibrium amid global uncertainty. Omar Najia of BB Energy said oil remains undervalued and poised for a strong upswing as investors rotate from other assets. Clyde Russell of Reuters highlighted China’s continued decoupling from U.S. trade reliance while maintaining oil imports from Russia. Jose Chalhoub in Caracas reported heightened U.S. naval presence in the Caribbean as Washington seeks to regain regional influence, with Venezuela’s Chevron operations still active under limited U.S. licenses and gradual production recovery.
