World’s biggest aircraft owner set for $1bn payout in stranded Russian planes case
UK court orders insurers to cover losses from aircraft stuck in Russia following Moscow’s invasion of Ukraine
UK court orders insurers to cover losses from aircraft stuck in Russia following Moscow’s invasion of Ukraine

London High Court weighs case over who should pay for damage to Russia-Europe pipes sabotaged in 2022

Higher insurance costs, western sanctions and damage to infrastructure could erode Russian profits

Lenders concerned they could be at significant risk of potential lawsuits from Moscow

Moscow deploys more attack aircraft controlled via hair-thin fibre optic cable to make large gains during summer offensive

Proposal marks a last-ditch attempt to keep Ukraine solvent using Moscow’s immobilised wealth

Statement follows FT reporting on crude purchases that had been transported on sanctioned vessels