Ibex 35 Declines Amid Geopolitical Tensions and ECB Rate Hike Expectations

The Ibex 35 closed Monday's session down 0.14% at 20,021.8 points, as investors focused on geopolitical tensions rather than macroeconomic indicators.

The Iranian Revolutionary Guard reported a response to the US attack on three Iranian oil tankers by targeting six vessels, including three tankers and three ships linked to the US. This raises the number of American vessels attacked in the last 24 hours to seven.

On the European front, Germany's industrial production declined unexpectedly by 1.1% in July compared to the previous month due to a drop in automotive sector production.