European Gas Climbs as Mideast Tensions Stoke Supply Concerns

  • September futures rise to highest level in five weeks
  • Hamas says Israel killed its political leader in an airstrike
Lock
This article is for subscribers only.

European natural gas prices rose for a fourth session as mounting geopolitical risks in the Middle East fed fuel-supply concerns.

Benchmark futures for September delivery gained 2.2% Wednesday, settling at a five-week high for the contract, as traders fret about their ability to build stockpiles for winter.