London oil stocks such as BP and Shell fall across the board on sharp drop in oil prices

1. 1Brent crude plunged 6.1% to $90.87 and WTI fell 5.5% to $84.37, retreating sharply from last week's highs.
2. 2BP shares dropped 3.4% and Shell fell 1.6%, while Harbour Energy and Ithaca Energy declined more than 5% and Energean fell 4.3%.
3. 3Expectations for a diplomatic solution grew after the US halted its attack on Iran, but logistical disruptions in the Strait of Hormuz and Houthi rebel attacks continue.

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