Oil Prices
Oil Markets Roiled as US Sanctions on Russian Firms Trigger 5% Price Surge
Global energy markets were thrown into immediate disarray today, October 23, 2025, as the United States imposed sweeping sanctions on major Russian oil suppliers, including industry giants Rosneft (LSE: ROSN) and Lukoil (LSE: LKOH). The geopolitical move swiftly triggered a dramatic 5% surge in benchmark crude oil prices, sending Brent