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Russia Ordered to Pay Ukraine's Naftogaz $5 Billion for Assets Seized in Crimea
Business

Russia Ordered to Pay Ukraine's Naftogaz $5 Billion for Assets Seized in Crimea

The award by a Hague-based arbitration court is likely to trigger a long process by Ukraine and the gas company to recover Russian assets abroad.

Saudi-Led Oil Producers to Lower Output Further
Business

Saudi-Led Oil Producers to Lower Output Further

The new cuts are expected to total more than a million barrels a day, a surprise move that led to a jump in crude prices.