The costs of Russia’s invasion of Ukraine
The Story of Money
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BP Will Not Leave Rosneft Joint Venture - Is That the Only Option?
Three days after the invasion started, BP announced that it was going to exit their joint venture with Rosneft. The decision triggered a swathe of exits from other Western oil and gas companies like Shell and Exxon. Other Western banks and insurance providers also made efforts to wind down their business in Russia as a consequence.
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