Landon Derentz: Markets Expect Quick Off-Ramp From Iran War

As the war with Iran continues, access to the Strait of Hormuz, a waterway that sees about one-fifth of the world's gas and oil transit through it, has become an urgent -- and uncertain -- objective. US President Donald Trump called on NATO allies and major Asian partners, including China, to help secure the vital maritime corridor, but the response to his request was mixed.