BP exit opens new front in West’s campaign against Russia | Malay Mail

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NEW YORK, Feb 28 — Energy major BP opened a new front in the West’s campaign to isolate Russia’s economy, with its decision to quit the oil-rich country the most aggressive move yet by a company in response to Moscow’s invasion of Ukraine. Western allies have ramped up efforts to punish...

NEW YORK, Feb 28 — Energy major BP opened a new front in the West’s campaign to isolate Russia’s economy, with its decision to quit the oil-rich country the most aggressive move yet by a company in response to Moscow’s invasion of Ukraine.

The British company’s abrupt move puts the spotlight on other Western corporations with operations in Russia amid growing pressure from governments to tighten the financial screws on Moscow after it launched the biggest assault on a European country since World War Two. US-based United Parcel Service Inc and FedEx Corp, two of the world’s largest logistics companies, have said they are halting delivery service to Russia and Ukraine.

 

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