Hazard makes many rage (6)
I believe the answer is:
danger
'hazard' is the definition.
(thesaurus)
'many rage' is the wordplay.
'many' becomes 'd' (**).
'rage' becomes 'anger' (I've seen this before).
'd'+'anger'='DANGER'
'makes' acts as a link.
(Other definitions for danger that I've seen before include "Peril, exposure to harm" , "Peril, jeopardy" , "'Peril, risk (6)'" , "Garden (anag) - peril" , "Menace" .)