Correct me if I'm wrong, but my layman's understanding is that not all inflation is equal. Raising interest rates is useful to lower inflation when inflation h

Correct me if I'm wrong, but my layman's understanding is that not all inflation is equal. Raising interest rates is useful to lower inflation when inflation happens on the demand side of things no? By making money more "expensive" it reduces the money in general circulation. Does it also work when the inflation comes from the supply side of things? Like, a war or natural tragedy that causes a certain commodity to spike in price due to low availability?