Crude oil weakness is intensifying across Middle Eastern markets, signaling mounting risks of a broader global supply surplus that could pressure prices down the line. The situation is particularly interesting for Asian traders operating in the energy complex—they're largely shrugging off the geopolitical noise around Venezuela's situation, instead focusing on the structural oversupply concerns. This kind of macro backdrop typically reverberates through risk assets, making it worth monitoring for anyone tracking correlation patterns between traditional commodities and crypto volatility.