Crude oil's making moves as the market watches how Washington handles the escalating situation in Iran. Word on the ground: staff at the US airbase in Qatar have been instructed to consider leaving. Classic geopolitical risk premium at work. When tensions spike in oil-producing regions, it ripples across all markets—commodities, equities, everything. For traders monitoring macro trends, this is exactly the kind of catalyst that reshapes asset correlations. Energy prices rarely move in a vacuum; they're a barometer for how risk appetite is shifting globally. Keep an eye on how this develops—these stories tend to have follow-on effects.