---
title: "FTSE 100 Powers to Fresh Record Close, Rising 0.7% to 9,578.5 Points"
publisher: "Share Talk"
author: "sharetalk"
published: "2025-10-23T16:40:32+00:00"
modified: "2025-10-23T16:50:45+00:00"
date: 2025-10-23
canonical: "https://www.share-talk.com/ftse-100-powers-to-fresh-record-close-rising-0-7-to-9578-5-points/"
category: "B2B"
categories: ["B2B", "Blogs", "Technology", "Technology, Media & Telecoms"]
tags: ["china", "Chinaoil Hong Kong", "chinese", "Donald Trump", "EU", "European Union", "India", "Liaoyang Petrochemical", "Lukoil", "MOEX Russia Index", "Moscow Times", "PetroChina", "refineries", "Rosneft", "Russian crude", "sanctions", "Shandong Yulong Petrochemical", "US President", "USA"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/10/ftse-100-23-OCT-scaled.webp?fit=1200%2C840&quality=80&ssl=1"
format: "news"
language: "en-GB"
---

# FTSE 100 Powers to Fresh Record Close, Rising 0.7% to 9,578.5 Points

**Published:** October 23, 2025
**Author:** sharetalk
**Categories:** B2B, Blogs, Technology, Technology, Media & Telecoms
**Tags:** china, Chinaoil Hong Kong, chinese, Donald Trump, EU, European Union, India, Liaoyang Petrochemical, Lukoil, MOEX Russia Index, Moscow Times, PetroChina, refineries, Rosneft, Russian crude, sanctions, Shandong Yulong Petrochemical, US President, USA
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/10/ftse-100-23-OCT-scaled.webp?fit=1200%2C840&quality=80&ssl=1)

---

**FTSE 100 Closes at Record High as Energy Stocks Surge on New Russia Sanctions**

The **FTSE 100** ended Thursday’s session at a **record closing high of 9,578.5 points**, after **new US sanctions on Russia** sent **oil prices soaring** and boosted the value of **UK energy companies**. The index briefly hit an **intraday peak of 9,594.82**, taking its **year-to-date gain to more than 17%**.

The rally was led by **BP**, up **3.7%**, and **Shell**, up **2.9%**, after **US President Donald Trump** announced sanctions targeting **Rosneft** and **Lukoil**, Russia’s two largest oil producers. The move triggered a surge in **crude prices**, with **Brent crude rising 5.2% to $65.76 per barrel** by the afternoon.

Adding to the pressure on Moscow, the **European Union** unveiled a **new package of sanctions** in response to Russia’s war in Ukraine, including a **ban on Russian liquefied natural gas (LNG) imports**.

Further disruption came as **Reuters reported** that [Chinese state oil majors have suspended seaborne purchases of Russian crude](https://www.share-talk.com/chinese-oil-majors-halt-russian-crude-purchases-following-new-us-sanctions/), following the latest wave of Western restrictions.

The developments sent[Russian markets tumbling](https://www.share-talk.com/moscow-times-reports-sharp-fall-in-russian-stock-market/), with the **MOEX Russia Index** and **RTS Index** both sharply lower, as investors digested the deepening impact of coordinated US and EU sanctions on Russia’s energy sector.

The combination of **strong oil prices** and **resilient corporate earnings** helped propel the **FTSE 100** to its latest milestone, reinforcing London’s position among the **best-performing major equity markets** of the year.

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