Norwegian court seizes Russian ship to enforce $4.22 bn debt owed to Ukraine

A Norwegian court authorised the seizure of the Russian ship "Professor Molchanov" in Svalbard as part of enforcing a Hague arbitration award. Russia was ordered to pay approximately $4.22 billion to Ukraine's Naftogaz for seizing the company's assets in occupied Crimea. The ship's seizure marks one of the first concrete steps toward collecting the award. The Kremlin threatened retaliation.