Oil price jumps and FTSE 100 hits new high after Trump puts sanctions on Russian firms

theguardian.com/business/2025/oct/23/oil-price-jumps-after-trump-imposes-sanctions-on-two-russian-producers-rosneft-lukoil

Assets in US belonging to Rosneft and Lukoil frozen as shares in Shell and BP rise by 3%
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Oil prices jumped and energy companies helped the FTSE 100 to a record high after Donald Trump announced new sanctions on Russia’s two biggest oil producers.
Brent crude…

This story appeared on theguardian.com, 2025-10-23 14:11:07.
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