Repsol shares fell 6% on June 12, 2026. The stock price closed at €22.62.
Global crude oil prices dropped following reports of a potential peace agreement with Iran. This deal could reopen the Strait of Hormuz and increase Iranian oil exports to the global market.
Brent crude fell to approximately $89 per barrel. WTI crude dropped to around $85.91 per barrel.
The market shift outweighed recent positive analyst ratings for Repsol. This event highlights the company's exposure to geopolitical developments and commodity price fluctuations.