Shell’s South Africa exit is getting real for $SHELL ⛽

Shell is reportedly close to selling about 600 fuel stations and its trading operations in South Africa to ADNOC in a deal worth around $1 billion. If it closes, ADNOC would instantly deepen its retail footprint and signal how aggressively Middle Eastern energy giants are buying scale while legacy majors keep pruning lower-margin assets.

Not financial advice. Manage your risk and protect your capital.

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