( January 12, 2026, 1:12 PM EST) -- WASHINGTON, D.C. — The U.S. Supreme Court on Jan. 12 denied the Russian Federation’s petition for a writ of certiorari seeking review of a District of Columbia Circuit U.S. Court of Appeals ruling on jurisdiction over a petition by former oil company shareholders to confirm arbitral awards against Russian worth more than $57 billion, in which Russia argued that the Circuit Court did not properly apply the Foreign Sovereign Immunities Act (FSIA) to the question of whether an arbitration agreement existed....