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

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eMax Holdings Corporation (NASDAQ: EMXC) Delayed: 99.93 +0.30 (0.30%)
Previous Close $99.63    52 Week High $0.00 
Open $100.17    52 Week Low $0.00 
Day High $100.54    P/E N/A 
Day Low $98.77    EPS $0.00 
Volume 2,557,774       

PowerShares QQQ Trust, Series 1 (NASDAQ: QQQ) Delayed: 710.62 -3.03 (0.42%)
Previous Close $713.65    52 Week High $119.66 
Open $715.37    52 Week Low $94.84 
Day High $719.93    P/E N/A 
Day Low $704.45    EPS $0.00 
Volume 52,405,706       

S&P DEP RECEIPTS (NYSE: SPY) Delayed: 733.24 -0.34 (0.05%)
Previous Close $733.58    52 Week High $219.60 
Open $735.17    52 Week Low $181.02 
Day High $739.95    P/E N/A 
Day Low $730.84    EPS $0.00 
Volume 57,391,285       

United States Oil Fund (NYSE: USO) Delayed: 106.29 -4.97 (4.47%)
Previous Close $111.26    52 Week High $13.50 
Open $106.29    52 Week Low $7.67 
Day High $107.66    P/E 5.39 
Day Low $105.65    EPS $19.73 
Volume 5,034,884