Oil major Shell has sought to defend its decision to buy a heavily-discounted consignment of oil from Russia, saying it would commit the profits to a fund dedicated to humanitarian aid for Ukraine.

Shell has purchased from Russia 100,000 metric tonnes of the flagship Urals crude on Friday. It was reportedly bought at a record discountMany companies are now refusing to use Russian oil because of its high price. Moscow’s unprovoked invasion of its neighbor. This purchase was not in violation of any Western sanctions.

Shell stated late Saturday in a statement that they had been in “intensible talks with governments” and would continue to follow their advice around the issue of supply security. We are acutely conscious of our need to manage this problem with the greatest care.

According to the statement, “We took this decision seriously and understand its strength,”

Dmytro Kunleba, Ukraine’s foreign minister, has been harshly critical of the company. companies to cut all business ties with Russia.

Shell asked: “Does Russian oil smell Ukrainian blood?” Kuleba stated in a tweet Saturday.

Kuleba spoke Monday to CNBC and attacked Russian companies still doing business, warning that major oil companies may find themselves on wrong side of history.

The world will decide them accordingly. He said that history would judge them according to his words.

Shell announced earlier this week it was planning to end its joint ventures in Russia with the Russian gas giant. GazpromIts related entities.

In the meantime, there are rivals BP announced Sunday last week that it was offloading its 19.75% stake in RosneftRussian-controlled oil firm ‘Russian Oil Company’ could potentially hit the British oil major, possibly with a $25 billion fine.

Shell stated Saturday in a new statement that they welcome any guidance or insight that is offered by governments and policy-makers.

According to the statement, “We will continue choosing alternatives to Russian crude oil wherever we can,” said the company.

—Jessica Bursztynsky contributed to this article.