Sunday put the Iran and Hormuz conflict in its own live lane and said physical disruption, not words, would keep an oil premium alive. By Wednesday’s New York close the strait led the whole board. An 11th straight night of strikes carried WTI past the Overlay W2 target Sunday named, gold caught a safe-haven bid, and the 10-year Treasury yield hit a two-month high. The one scheduled print, U.K. CPI, landed in-line and barely touched the watchlist. This report marks which branch activated and repeats Sunday’s plan into Thursday’s ECB. It adds no new levels and no new scenarios.