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  Trump Energy Chief Accused of Manipulating Oil Markets With Deleted Post About Strait of Hormuz US Speaker of the House Mike Johnson and President Donald Trump listen to Energy Secretary Chris Wright during an event on March 4, 2026.   (Photo by Andrew Caballero-Reynolds/AFP via Getty Images) March 11, 2026 US Energy Secretary Chris Wright, a former fracking executive, was accused on Tuesday of manipulating global markets after he posted a striking claim on social media: The American Navy, he wrote, had “successfully escorted an oil tanker through the Strait of Hormuz to ensure oil remains flowing.”   The post on X was deleted minutes later, after “oil prices slid at their steepest pace in years,” according to the Wall Street Journal. The White House press secretary later acknowledged publicly that Wright’s claim was false. US Energy Secretary Chris Wright, a former  fracking  executive, was accused on Tuesday of manipulating global markets after he posted a s...