Brent crude has crashed over 20% as Hormuz reopens. Here are 5 oil and gas stocks positioned to gain from a fragile, still-unfolding peace.

Oil prices tumbled as markets bet Strait of Hormuz disruptions will ease, with Brent down 10% on the week and Middle East crude benchmarks slipping into contango.

Crude oil prices experienced a significant drop, heading for steep weekly losses as tanker traffic through the Strait of Hormuz increased, easing supply worries. This comes after…