Oil giant Shell apologized on Tuesday for its purchase of Russian crude oil last week and announced it will withdraw from involvement in all Russian hydrocarbons.
Alaska governor provides insight on domestic oil production amid the Russia-Ukraine war on 'Kudlow.'
"We are acutely aware that our decision last week to purchase a cargo of Russian crude oil to be refined into products like petrol and diesel – despite being made with security of supplies at the forefront of our thinking – was not the right one and we are sorry," Shell CEO Ben van Beurden said in a statement.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: