BP’s step and the news about Germany’s gas posture Sunday together show how the crisis is beginning to show signs that it could seismically reshape the West’s energy relationship with Russia, writes Axios’ Ben Geman.

What they’re saying: “Like so many, I have been deeply shocked and saddened by the situation unfolding in Ukraine and my heart goes out to everyone affected. It has caused us to fundamentally rethink bp’s position with Rosneft,” Looney wrote in a statement.

“I am convinced that the decisions we have taken as a board are not only the right thing to do, but are also in the long-term interests of bp. Our immediate priority is caring for our great people in the region and we will do our utmost to support them. We are also looking at how bp can support the wider humanitarian effort.”