Ecopetrol SA shares plunged after Colombian President Gustavo Petro called on the oil producer to sell its operations in the US, citing his government’s position against fracking, which he says is destructive to nature and humanity.

Shares in Colombia's majority state-owned energy conglomerate Ecopetrol fell 2.20% in early trading to 2,005 pesos ($0.48) each on Wednesday after the country's President Gustavo Petro called for the company to sell its U.

Colombian President Gustavo Petro killed a deal between his state-run oil company and a U.S. counterpart, weeks after backing down to President Trump.