Hormuz 69-day blockade; Brent $107, U.S. gas $4.53 record, 10Y yields 4.58%

Strait choked for 69 days straight; 1,550 vessels and 22,500 crew stranded. Brent spikes to $106.89, WTI to $103.50, weekly +10%. AAA U.S. average gas hits $4.534 per gallon, near all-time high. TTF hits €49.86, highest in five weeks. 10-year yield reaches 4.58%, best in a year; odds of 2026 rate hike top 50%, fueling hawkish positioning.