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Short squeeze across all of Asia, trying to profit from "war"? French oil giant Total made a "historic" surge in buying Middle Eastern crude in March, but now may be facing huge losses.

Short squeeze across all of Asia, trying to profit from "war"? French oil giant Total made a "historic" surge in buying Middle Eastern crude in March, but now may be facing huge losses.

``` French energy giant Total staged a textbook-level "long kills long" tragedy amid the market turmoil triggered by the Middle East war. In March, the company frantically bought up Middle Eastern crude oil, pushing Asian benchmark oil prices to historical extremes, only to trigger a market collapse the moment
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