Feb 26th, 2025

US-China Trade and Iran Policy 'Big Unknowns' for Oil, says Trafigura's Luckock

"Some risk premium is coming back out of the market," on the possibility of a Russia-Ukraine peace deal, says Ben Luckock, Global Head of Oil at Trafigura. Uncertainty around the US approach to Iran is a key "risk to the upside," he adds.