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Trump's ambitious energy bet could be a winning hand as the world burns more oil, gas than ever
A 2025 report shows fossil fuels account for 86% of global energy use despite renewable growth, aligning with President Trump's push to expand U.S. oil and gas production to lower prices and boost energy security. The U.S. led in oil and natural gas production, while geopolitical tensions in the Strait of Hormuz highlighted risks to energy markets.
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