Geopolitical tensions across the Middle East and Latin America are sending shockwaves through energy markets this weekend. With supply concerns stemming from Iran and Venezuela—two major oil producers navigating complex political landscapes—traders are bracing for volatility. Will these regional developments trigger broader market moves? The ripple effects of tightening oil supply aren't just felt at the pump. Historical patterns show crude price spikes often correlate with risk-off sentiment in risk assets, including crypto markets. Worth monitoring how this unfolds.