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Story summary
- Global energy markets are in turmoil as Middle East conflict escalates and the Strait of Hormuz shuts.
- Vitol and Trafigura navigate the crisis to manage supply and prices.
- Emergency rationing has begun in Asia and Africa as Brent crude reaches $141 per barrel.
- Insider-trading speculation has emerged around trades made before U.S. military announcements.
- The administration, including U.S. President Donald Trump, is reportedly pursuing price stabilization amid rising tensions.
