Boeing and ExxonMobil take action over Russia ties
ExxonMobil said it would exit a multi-billion dollar joint venture with Russian state-owned company Rosneft.
It is the latest oil producer to cut business ties after similar moves by BP, Shell and Equinor.
Meanwhile, the world's biggest plane maker Boeing said it is suspending operations in Russia.
"We deplore Russia's military action that violates the territorial integrity of Ukraine and endangers its people".
"We are deeply saddened by the loss of innocent lives and support the solid international response," it added.
ExxonMobil currently operates and holds a stake in the Sakhalin Island oil and gas fields, alongside Rosneft and companies from Japan and India.
It said it would now exit its Russian oil and gas operations, valued at more than $4bn (£3bn) and halt new investments in the country.
Last year, ExxonMobil employed more than 1,000 people across the country, with offices in Moscow, St. Petersburg, Yekaterinburg and Yuzhno-Sakhalinst, according to its website.
Russia is one of the world's biggest energy producers.
The announcement came as Brent crude - , marking the highest l
Also on Wednesday, aviation giant Boeing said it had suspended "major operations" in Moscow and temporarily closed its office in Kyiv.
"We are also suspending parts, maintenance and technical support services for Russian airlines," a Boeing.
The announcements comes as brands around the world distance themselves from Russia as its invasion of Ukraine continues.
On Tuesday, Apple also joined the list of major firms to halt product sales in Russia, in the widening corporate backlash over the conflict.
American Express also said on Wednesday that it had halted its relationships with banks in Russia, in line with sanctions.
The payment card company described its business in Russia as "small", with one partner that issues cards and a handful focused on recruiting merchants."We will continue to comply with all relevant laws as the situation evolves," it said in a statement.
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