Economy

Russia has banned exports of jet fuel for six months, expanding earlier fuel export restrictions as global supplies remain tight, according to the Russian government’s statement.

Switzerland's Federal Supreme Court has rejected Gazprom's appeal to overturn an arbitration ruling ordering the Russian company to pay Ukraine's Naftogaz more than $1.4 billion in unpaid transit fees plus interest, Naftogaz CEO Sergii Koretskyi announced.

Ukraine’s Cabinet of Ministers appointed four international experts and two Ukrainians to the newly updated supervisory board of Ukraine’s state oil and gas company Naftogaz, Prime Minister Yulia Svyrydenko reported.