Spain's IBEX 35 fell as much as 1.00% intraday.

A UN-mediated ceasefire reached in April 2022 lapsed in October 2022 but remained a de facto truce until July 2026. On July 13, 2026, a Saudi airstrike on Houthi-held Sana'a International Airport prompted Houthi missile and drone strikes on Abha International Airport and a declaration ending the de‑escalation phase. In late July the Houthis declared a naval blockade and struck oil facilities on Saudi Red Sea coast; attacks on Saudi vessels in the Bab el‑Mandeb intensified through August alongside strikes on Saudi‑linked military targets across Yemen. In September the Houthis launched a major western offensive, claiming roughly 5,400 sq km and, between Sept. 10–11, seizing Mocha, Dhubab and Perim Island—giving them near‑control of Yemen’s Red Sea coast and an immediate threat to Red Sea shipping. On Sept. 14 the group reported significant, precise strikes on the Khamis Mushayt airbase and related infrastructure.

Shell top executive (SHEL.N) said the global natural gas market is expected to expand by two-thirds by 2050.