The effective closure of the Strait of Hormuz has pushed the Shanghai Containerized Freight Index to 2,572 points, doubling pre-crisis levels as carriers pass through $500 million monthly extra fuel costs at Maersk and €50-60 million weekly at Hapag-Lloyd, with VLSFO at $856 per tonne. This directly amplifies the editorial lens on checkout-level price increases for containerized imports within months. Drewry notes early peak season pull-forward demand ahead of July bunker adjustments, while capacity absorption from Red Sea avoidance, slow steaming, and congestion totals 19 percent, allowing carriers to offset newbuilding overhang unlike prior cycles. Primary coverage understates the compounding inflation channel: sustained Brent spikes to $150-160 per barrel, as warned by ExxonMobil, will embed higher surcharges into Asia-Europe and transpacific lanes, raising landed costs for apparel, electronics, and household goods by 8-12 percent by Q4 per Xeneta and Alphaliner data patterns from the 2024 Red Sea episode. The original Lloyd’s reporting misses how this mirrors 2022 oil shocks but with added liner discipline, where rate hikes now outpace cost pass-through due to 12 percent effective capacity removal, setting up broader consumer impacts beyond spot indices.