Oil is traded for in dollars. When our dollar becomes less valuable it takes more dollars to buy a barrel of oil. The US is the largest producer of oil. Biden's policies have caused the US to produce about 2,000,000 barrels a day fewer than we made precovid. Oil is traded in the futures market. When the amount of oil is decreasing oil futures price rises. So yes it does effect other countries.
Wait a minute... I thought the USA wasn't energy independent?

Sure sounds like a winner to me!

