Gas prices inch higher

On the edge: Workers weld steel gas pipes metal inside the Interpipe Steel plant in Dnipro, Ukraine. Russia’s invasion of its neighbour has roiled commodity markets from gas to grains. — AP

WASHINGTON: European natural gas edged higher Tuesday, after earlier swinging between gains and losses, as the market continued to weigh the risk of potential supply disruptions and further sanctions imposed on Russia.

The European Union has so far been reluctant to ban gas exports from top supplier Russia. However, European Commission president Ursula von der Leyen said on Twitter that the bloc and its partners “will keep up the pressure on the Kremlin until it stops the invasion of Ukraine.”