European Gas Rises on Anticipation of Ukraine Transit Expiring

(Bloomberg) — European natural gas prices rose in anticipation of a halt in Russian flows via Ukraine on New Year’s Day, as a transit agreement between the two nations expires.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024Gas for February rose as much as 2.2% on Tuesday. A five-year deal between Moscow and Kyiv to move Russian gas to central Europe is set to lapse when the clock runs out on 2024, with no arrangement yet in place to avert a stop in supplies.Read More