( July 20, 2026, 2:30 PM EDT) -- WASHINGTON, D.C. — A District of Columbia federal judge on July 17 denied the Russian Federation’s motion to stay a petition brought against it by a Ukrainian state-owned oil company and five of its subsidiaries to confirm a Permanent Court of Arbitration (PCA) tribunal’s award worth roughly $5 billion despite Russia’s pending challenge to the award in Dutch courts, noting that the dispute is more than a decade old....