Fresh US strikes have interrupted preliminary talks on reopening the Strait of Hormuz, directly elevating benchmark crude futures as reported in the Bloomberg dispatch. Primary records from the US Energy Information Administration document that roughly 21 percent of global petroleum liquids transit the strait daily, creating immediate supply-risk premia that propagate to refined product markets within 30-60 days. Multiple perspectives emerge from contemporaneous primary sources: the US Department of Defense operational summaries frame the actions as targeted responses to regional threats, while Iranian Foreign Ministry statements emphasize sovereign rights over maritime access and warn of reciprocal measures. OPEC's monthly oil market reports from comparable 2019-2020 episodes show that Hormuz-related volatility added $8-15 per barrel within two months, translating into retail gasoline increases of 20-35 cents per gallon across OECD economies. Connections overlooked in initial coverage include downstream effects on Asian LNG contracts indexed to oil and the compounding pressure on central banks already managing post-pandemic inflation targets, as evidenced in IMF working papers on energy pass-through. Consumer-facing data from the Bureau of Labor Statistics confirm that sustained Brent levels above $85 historically correlate with measurable rises in the energy component of CPI within one quarter, independent of broader monetary policy shifts.