Why are stocks at highs with Hormuz closed and oil elevated?

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eMax Holdings Corporation (NASDAQ: EMXC) Delayed: 106.53 +0.78 (0.74%)
Previous Close $105.75    52 Week High $0.00 
Open $106.79    52 Week Low $0.00 
Day High $107.12    P/E N/A 
Day Low $106.13    EPS $0.00 
Volume 1,488,134       

PowerShares QQQ Trust, Series 1 (NASDAQ: QQQ) Delayed: 736.43 -4.19 (0.57%)
Previous Close $740.62    52 Week High $119.66 
Open $742.02    52 Week Low $94.84 
Day High $745.45    P/E N/A 
Day Low $734.39    EPS $0.00 
Volume 19,755,241       

S&P DEP RECEIPTS (NYSE: SPY) Delayed: 744.74 -2 (0.27%)
Previous Close $746.74    52 Week High $219.60 
Open $747.70    52 Week Low $181.02 
Day High $750.18    P/E N/A 
Day Low $743.15    EPS $0.00 
Volume 17,655,632       

United States Oil Fund (NYSE: USO) Delayed: 111.73 -3.14 (2.73%)
Previous Close $114.87    52 Week High $13.50 
Open $112.63    52 Week Low $7.67 
Day High $112.76    P/E 5.66 
Day Low $111.13    EPS $19.73 
Volume 3,253,348