Ukraine conflict: ExxonMobil and Boeing take action over Russia ties

Energy giant ExxonMobil and aviation group Boeing have joined the growing list of companies to take action over Russia’s invasion of Ukraine.

ExxonMobil said it will exit a multi-billion dollar joint venture with Russian state-owned company Rosneft.

It is the latest oil producer to cut business ties with the country, 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,” Texas-based ExxonMobil said in a statement.