Low-salinity water flooding/smart water flooding (LSWF/SWF) are used for enhanced oil recovery (EOR) because of the improved extraction efficiency. These methods are more environmentally friendly and in many scenarios more economical for oil recovery. They are proven to increase recovery factors (RFs) by between 6 and 20%, making LSWF/SWF technologies that should be further evaluated to replace conventional water flooding or other EOR methods. Fluid/fluid interaction improvements include interfacial tension (IFT) reduction, viscoelastic behavior (elastic properties modification), and microemulsion generation, which could complement the main mechanisms, such as wettability alteration. In this research, we evaluate the importance of fluid/fluid mechanisms during LSWF/SWF operations. Our study showed that a substantial decrease in IFT occurs when the oil asphaltene content is in the range of 0% to 3 wt.%. An IFT reduction was observed at low salinity (0–10,000 ppm) and a specific oil composition condition. Optimal IFT occurs at higher divalent ion concentrations when oil has low asphaltene content. For the oil with high asphaltene content, the sulfates concentration controls the IFT alteration. At high asphaltene concentrations, the formation of micro-dispersion is not effective to recover oil, and only a 5% recovery factor improvement was observed. The presence of asphaltene at the oil/low-salinity brine interface increases the energy required to disrupt it, inducing significant changes in the elastic moduli. In cases of low asphaltene content, the storage modulus demonstrates optimal performance at higher divalent concentrations. Conversely, at high asphaltene concentrations, the dominant factors to control the interface are paraffin content and temperature.