Repsol doubles fuel discounts amid Middle East conflict to support customers and stabilise prices
Repsol has announced that it will double the discounts offered to customers using its Waylet payment and loyalty app at its over 3300 service stations across Spain. This initiative comes amidst international tensions and recent conflicts in the Middle East, particularly following the US and Israel attacks on Iran, which have caused a significant rise in fuel prices.
Starting from Saturday, 21 March, and lasting until 6 April, Repsol will increase the discounts based on the energy plans contracted by each customer. Those utilising Waylet as their payment method will be able to save up to 40 cents per litre on fuel. This measure aims to ease the financial impact on consumers during a period of heightened energy prices.
Additionally, Repsol will grant an extra five-cent discount per litre for professional transport operators and self-employed individuals who hold Solred, Spain s largest professional card with over 250000 clients and two million active cards. This initiative reinforces the companys commitment to support essential workers and boost their economic resilience.
Repsol emphasised its role as a leader in the sector by pioneering discount programmes, notably following the escalation of fuel prices during the Ukraine conflict in 2022 and the Ukrainian energy crisis. The company aims to assist its customers and drivers by providing tangible savings during periods of unstable energy markets.
The company also highlighted that this measure complements existing benefits for transporters and autonomous workers, strengthening its support for key economic sectors. It complements the broader framework of Repsols energy programmes, which include solutions across fuels, electricity, heating, solar, and electric mobility, enabling customers to optimise energy expenditure and streamline their providers.
The recent surge in fuel prices is linked to geopolitical conflicts and the disruption of energy supply routes in the Gulf region. Since the escalation of tensions from late February, diesel prices in the Iberian Peninsula have increased by nearly 30%, while petrol prices have risen by approximately 17%. The ongoing crisis illustrates the vulnerability of energy markets to geopolitical instability, impacting both consumers and industry players.
In response, many global oil majors are implementing discounts and strategic measures to buffer their customers from volatile prices. Repsol s latest initiative positions it as a proactive leader committed to stabilising the domestic fuel market and supporting social and economic stability within Spain during turbulent times.