The investment community watching the Strait of Hormuz is treating a possible armistice, freer tanker traffic and pressure from Washington as if they could settle the oil market’s bigger question. They may calm spot

The investment community watching the Strait of Hormuz is treating a possible armistice, freer tanker traffic and pressure from Washington as if they could settle the oil market’s…

Oil traders keep clinging to hope that the Strait of Hormuz will reopen. That won't last forever.