Oil prices are pulling back as tensions in the Middle East ease up—but there's a new wildcard on the table. Trump's recent moves toward Greenland have investors watching the geopolitical risk meter more closely. When trade policy and territorial interests start shifting, you never know what gets repriced next.

The energy sell-off itself is straightforward: fewer tensions mean less risk premium baked into crude. But here's the thing—macro traders can't ignore the bigger picture. Currency fluctuations, inflation expectations, hawkish policy signals... they all feed into each other. For anyone holding a mixed portfolio (crypto, commodities, equities), this kind of headline reminder matters: geopolitical friction is still a real factor in how global markets move.