Shell won't buy any more Russian oil and gas

Russia is finding it ever harder to sell its oil and gas.

Shell (RDSA) said Tuesday it was breaking completely with Russia's giant energy industry, halting all purchases of Russian crude oil immediately and shutting its service stations in the country.

The UK-based company, which last week announced it was dumping its investments in Russia, said its decision to abandon all trade in Russian fossils fuels was "aligned with new government guidance."