Energy giant Shell said Tuesday that it will quit purchasing Russian oil and natural gas and shut down its service stations, aviation fuels and different tasks in the country in the midst of worldwide strain for organizations to disavow over the invasion of Ukraine.

The company said in a proclamation that it would pull out from every single Russian hydrocarbons, including raw petroleum, oil based goods, natural gas and liquefied natural gas, “in a staged way.”

The decision comes as surging oil prices have been rattling global markets and days after Ukraine’s foreign minister criticized Shell for continuing to buy Russian oil, lashing out at the company for continuing to do business with President Vladimir Putin’s government.

“We are keenly conscious that our choice last week to buy a freight of Russian unrefined petroleum to be refined into items like petrol and diesel – in spite of being made with security of provisions at the front of our reasoning – was not the right one and we are grieved,” CEO Ben van Beurden said.

He said benefits from the organization’s “limited, outstanding measures of Russian oil” would go to an asset for aid ventures for Ukrainians.

Ukrainian Foreign Minister Dmytro Kuleba said he had been told Shell “discreetly” purchased the oil Friday and engaged people in general to pressure the organization and other international firms to stop such purchases.

“One question to Shell: doesn’t Russian oil smell (like) Ukrainian blood for you?” Kuleba said on Twitter. “I approach all cognizant individuals all over the globe to demand multinational companies to cut all business ties with Russia.”

Last week, Shell said it was “stunned by the death toll in Ukraine” and would end its joint endeavors with Gazprom, the enormous oil and gas company controlled by the Russian government.

While the U.S., Britain and the European Union have forced intense financial assents on Russia, they have avoided prohibiting oil and gas imports from Russia due to worries about the effect that would have on worldwide energy supplies. Russia is the world’s second-greatest oil maker, representing over 12% of global production, as indicated by the International Energy Agency.

Ukraine and its allies have approached nations all over the planet to quit purchasing Russian oil to confine financing for Putin’s military exploits. Yet, that is sure to influence customers.

A month prior, oil was selling for about $90 a barrel. Presently, costs are flooding past $120 a barrel as purchasers evade Russian rough, with numerous purifiers expecting that approvals could be forced from now on. They stress over being left with oil they couldn’t resell as gasoline if sanctions were imposed in the near future.

“These societal challenges highlight the situation between coming down on the Russian government over its abominations in Ukraine and guaranteeing steady, secure energy supplies across Europe,” van Beurden said.

He said Shell would work with governments “to assist with dealing with the expected effects on the security of energy supplies, particularly in Europe.”