Shell has said it will withdraw fully from Russia and immediately stop new purchases of Russian oil, days after the energy major was criticised for profiting from a cargo of cheap Russian crude.
The London-listed energy group on Tuesday said it would cease spot purchases of Russian oil and withdraw from “all Russian hydrocarbons, crude oil, petroleum products, gas and liquefied natural gas in a phased manner”.
The company also said it would shut all “service stations, aviation fuels and lubricants operations” in Russia.
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