Hmm, according to varying accounts, Oberon is either the King of the Elves or King of the Fairies whilst Titania is always just Queen of the Fairies. If these two are involved somehow, it’d be near imperceptible to tell as they would use agents such as the Blue Fairy and Rumpel in whatever they’re scheming. Ah, Rumpel in the role of Puck. That’d be something. Perhaps, the whole love story angle isn’t about the fairy tale characters we know the most, but rather Oberon and Titania, king and queen of all fairy tale magic.