The war premium arrives: Brent crude crosses $90 as Strait of Hormuz transits fall to four vessels a day and no LNG tanker has been visible since Thursday; 30-year US yields top 5% and gold nears $4,000. Methodology: line = FRED daily Brent spot (DCOILBRENTEU, through 13 Jul); dotted marker = 20 Jul level reported by Reuters (front-month futures, a distinct series), indicative only.