Oil shock meets central bank dilemma. Brent crude surged past $82 per barrel — up 8% in a single session — after the US reimposed its Iran blockade and Trump announced a 20% toll on all cargo through the Strait of Hormuz. That surge lands just as the Federal Reserve gets its July CPI print (out today) and Fed Chair Kevin Warsh faces his first Congressional testimony on July 14-15. Gold dropped below $4,000 an ounce as rate hike bets surged. The S&P 500,...