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

> Oil jumped and the FTSE 100 hit a record high after Donald Trump announced new sanctions on Rosneft and Lukoil. Brent rose 5.7% to $66.13 as Trump increased pressure on Putin to end the war in Ukraine.

- Date: 2025-10-23 · published 2025-10-23T12:00:00.000Z
- Category: geopolitics · region Global · magnitude high
- Page: https://feedsoft.ai/events/8132-oil-price-jumps-and-ftse-100-hits-new-high-after-trump-puts-sanctions-on
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

New sanctions on Russia's largest oil producers remove supply from the market and lift crude prices. Higher energy costs raise production and transport expenses for feed makers.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| BRENT | 2025-10-23 | 1 | +6.5% | 4.0 | Directly reports Brent rising 5.7% to $66.13 after Trump's sanctions on Rosneft and Lukoil, raising supply-risk sentiment. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-04-02 | [Oil price jumps and markets slide after Trump warning to Iran \| Oil \| The Guardian](https://feedsoft.ai/events/12923-oil-price-jumps-and-markets-slide-after-trump-warning-to-iran-oil-the-guardian.md) | -2.8% | +8.2% |
| BRENT | 2025-10-23 | [Pump prices could rise after US, EU hit Russian oil companies with new sanctions and oil spikes \| AP News](https://feedsoft.ai/events/8129-pump-prices-could-rise-after-us-eu-hit-russian-oil-companies-with-new-sanctions.md) | +4.1% | +1.9% |
| BRENT | 2020-04-02 | [Trump says Saudis and Russians will not hike oil production, and price jumps - The Washington Post](https://feedsoft.ai/events/5492-trump-says-saudis-and-russians-will-not-hike-oil-production-and-price-jumps-the.md) | +49.5% | +11.2% |
| BRENT | 2026-03-08 | [Oil jumps to 2022 high on Iran war, falls after close as Russia sanctions in doubt \| Reuters](https://feedsoft.ai/events/5227-oil-jumps-to-2022-high-on-iran-war-falls-after-close-as-russia-sanctions-in.md) | +9.5% | +25.6% |
| BRENT | 2025-01-10 | [Oil prices rally 3% as US hits Russian oil with tougher sanctions](https://feedsoft.ai/events/10352-oil-prices-rally-3-as-us-hits-russian-oil-with-tougher-sanctions.md) | +5.4% | -4.2% |
| WTI | 2026-04-02 | [Oil price jumps and markets slide after Trump warning to Iran \| Oil \| The Guardian](https://feedsoft.ai/events/12923-oil-price-jumps-and-markets-slide-after-trump-warning-to-iran-oil-the-guardian.md) | -2.2% | +6.1% |
| WTI | 2025-10-23 | [Pump prices could rise after US, EU hit Russian oil companies with new sanctions and oil spikes \| AP News](https://feedsoft.ai/events/8129-pump-prices-could-rise-after-us-eu-hit-russian-oil-companies-with-new-sanctions.md) | +3.3% | +1.6% |
| WTI | 2020-04-02 | [Trump says Saudis and Russians will not hike oil production, and price jumps - The Washington Post](https://feedsoft.ai/events/5492-trump-says-saudis-and-russians-will-not-hike-oil-production-and-price-jumps-the.md) | +23.3% | -2.7% |

## Sources

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

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.