Commodities
Europe Gas Rises After Russia Attacks Ukraine Compressor Points
- Russia says it used drones and missiles to hit stations
- European market has been sensitive to supply disruptions
A natural gas line runs through the country side in Ukraine.
Photographer: Andrew Burton/Getty ImagesThis article is for subscribers only.
European natural gas erased an earlier decline after Russia said it attacked gas-compressor stations in western Ukraine with drones and missiles.
Benchmark futures rose as much as 2.4% on Monday. The market has been sensitive to geopolitical events and outages this summer, even with storage sites exceeding targets ahead of Europe’s heating season.