Vasu Menon, Managing Director of Investment Strategy at OCBC Bank in Singapore, noted that although Donald Trump has pledged U.S. corporate support to revive Venezuela’s oil production, it will still take a considerable amount of time and significant capital investment to resume operations before production capacity can be fully restored. Against the backdrop of ongoing political turmoil, supply disruptions could push oil prices up slightly in the short term.However, given that Venezuela is not currently a major oil producer, the impact is likely to be limited. OPEC’s production decisions will also help stabilize oil prices.“Overall, after a full year of major geopolitical events in 2025, the market now appears less vulnerable to geopolitical risks. Short-term incidents may trigger some nervous reactions, but as we saw last year, their impact may be fleeting.”