foxs larry kudlow tells trump official inflation numbers are lousy

The article discusses rising US inflation driven by energy costs, linked to Trump-era tariffs and military actions against Iran. The primary commercial mechanism is an oil supply disruption risk (Iran-related) feeding into higher gasoline and refined product prices, squeezing consumer purchasing power and raising input costs for energy-intensive industries. The impact is US-specific but with global oil market implications due to Iran's role as a producer. Winners: US domestic oil producers (higher prices). Losers: US consumers, importers, and refining margins if crude costs rise faster than product prices.