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Washington's Oil Gamble: How Trump's Hedge Fund Could Destroy Global Market Integrity

A warning for international investors — the most dangerous trade in history may already be underway

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Bill Cara
Mar 10, 2026
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When the Strait of Hormuz effectively closed to a significant portion of global shipping earlier this year, the world’s energy traders braced for the inevitable. Roughly 20% of global oil supply was suddenly at risk. Tankers sat idle. Insurance costs spiked. And oil, as expected, surged toward $120 per barrel — a rational market response to a genuine ph…

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