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Oil Prices Plunge Amid Trump Tariffs and Middle East Turmoil

12/26/2025

35 5 Full Breakdown

Summary

Story summary

In 2025, Middle East conflicts and U.S. President Donald Trump’s tariff policies pressured oil and crop prices for traders.
The average commodity hedge fund gained 2.2%, well below the 10.7% industry average.
Pierre Andurand's fund reported drawdowns over 50% in cocoa trades.
Citadel acquired FlexPower and invested $1 billion in natural gas.
Millennium is supporting new hedge funds in Paris and Singapore to capitalize on inefficiencies.

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Story summary

In 2025, Middle East conflicts and U.S. President Donald Trump’s tariff policies pressured oil and crop prices for traders.
The average commodity hedge fund gained 2.2%, well below the 10.7% industry average.
Pierre Andurand's fund reported drawdowns over 50% in cocoa trades.
Citadel acquired FlexPower and invested $1 billion in natural gas.
Millennium is supporting new hedge funds in Paris and Singapore to capitalize on inefficiencies.