Oil prices fall as US pauses strikes on Iran over strait of Hormuz

Brent crude drops 6% to below $91 a barrel, while shares in energy firms BP and Shell slide on FTSE 100Business live – latest updatesOil prices have dropped by 6% as traders bet that a pause in US attacks on Iran could prevent an escalation in the conflict that would further restrict global supply.Brent crude, the international benchmark for oil, fell 6% to below $91 a barrel on Monday morning, after briefly dropping below $90 earlier in the morning. Neither side launches attacks for second consecutive night as mediators seek to avert return to full-blown war