Why are BP (LSE:BP) and Shell (LSE:SHEL) leading London as Hormuz risk returns?

Why are BP (LSE:BP) and Shell (LSE:SHEL) leading London as Hormuz risk returns? →

Highlights An extended Middle East ceasefire arrangement expired without renewal, lifting geopolitical risk premium. Strait of Hormuz transit concerns are the dominant driver of oil market attention. Integrated oil majors led London's advan…