Halliburton, Valero and 3 More Stocks Set Up for a Fragile Hormuz Truce

Brent crude has fallen more than 20% in the past month, sliding from triple digits during the worst of the Iran war to around $72 a barrel today.

WTI sits near $70.

That kind of move usually means one thing: the crisis is over.

It isn't, not quite.

The Strait of Hormuz, the chokepoint that carries roughly a fifth of the world's seaborne oil, spent nearly four months effectively shut after the U.S. and Israel struck Iran on Feb.

28.

Iran mined the strait, fired on tankers and closed the lane to anyone it considered hostile.

The U.S. and Iran signed…