Brent crude oil futures advanced by 1.6% to settle at $67.60 a barrel on Tuesday, recovering from four straight sessions of losses as geopolitical risks and stalled supply talks outweighed oversupply concerns. NATO’s promise of a “robust” response to Russian airspace incursions, coupled with Ukrainian drone strikes on Russian refineries and pipelines, fueled worries over energy flows. Meanwhile, exports from Iraq’s Kurdistan region remain on hold, keeping roughly 230,000 barrels per day off the market and supporting prices. Despite the rebound, rising OPEC+ and non-OPEC production, along with slower demand growth and increased electric vehicle adoption, continue to pressure the outlook. Traders are closely watching inventory data, potential new sanctions on Russian oil, and any Middle East tensions that could influence the market.