In its recent judgment in UniCredit Bank GmbH v RusChemAlliance LLC [2024] UKSC 30, arising out of a dispute between a Russian energy developer and a German bank concerning the effect of EU sanctions on Russia, the UK Supreme Court (" UKSC ") has confirmed that the English courts have the power to grant anti-suit injunctions in support of foreign-seated arbitration agreements where the arbitration agreement is governed by English law.