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Shell to stop buying Russian crude oil, issues apology

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A 3D printed natural gas pipeline is placed in front of displayed Shell logo in this illustration taken February 8, 2022. [Reuters]

Shell on Tuesday apologised for buying Russian crude oil last week and said it would withdraw completely from any involvement in Russian hydrocarbons over the country's invasion of Ukraine.

"We are acutely aware that our decision last week to purchase a cargo of Russian crude oil ... was not the right one and we are sorry," Shell Chief Executive Officer Ben van Beurden said.

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