Heat the olive oil in a large pot over medium heat. Add the onion, garlic, and bell peppers. Cook until the vegetables are softened, about 5 minutes.
Add the vegetable broth, white wine, potatoes, smoked paprika, cumin, salt, and black pepper. Bring to a boil. Reduce heat to low and simmer for 15 minutes, stirring occasionally.
Add the parsley and stir to combine. Simmer for 5 more minutes.