Inflation Set to Surge—Is Washington Prepared to Protect American Families?

As oil prices climb amidst escalating conflict in the Persian Gulf, inflation in the United States is on track to surge well beyond recent modest increases. February’s consumer price index data—expected to show a slight rise over January—already paint a concerning picture. Yet this calm before the storm overlooks explosive price shocks triggered by instability near critical global energy arteries. The strategic Strait of Hormuz shutdown has removed approximately three-quarters of Persian Gulf oil from world markets. This disruption signals a direct blow not only to global energy security but also threatens America’s economic independence and prosperity at home. When...