Does shell still buy Russian oil?

REUTERS/Marcos Brindicci April 27 (Reuters) - Shell (SHEL.L) on Wednesday tightened its restrictions on buying Russian oil, saying it would no longer accept refined products with any Russian content, including blended fuels.

Does shell phase out Russian crude?

The new terms do not impact Russian crude purchases, while Shell phases those out. Europe heavily relies on Russian crude oil and refined products, in particular diesel and jet fuel. Russia is Europe's biggest oil supplier, providing just over a quarter of EU oil imports in 2020, according to data from the bloc's statistics office Eurostat.

Why did Unilever stop selling oil in Russia?

Photograph: Toby Melville/Reuters Shell has announced plans to withdraw from Russian oil and gas and Unilever has said it will stop selling its products in Russia, amid an exodus of big British companies from Russia after its invasion of Ukraine.

Will Russia stop buying crude oil?

As an immediate first step, the company will stop all spot purchases of Russian crude oil. It will also shut its service stations, aviation fuels and lubricants operations in Russia.