General Discussion

I never said the US wasn't affected. Don't know how the heck you got that interpretation.
I was talking, quite clearly, about petroleum production. The #1 oil producing description should have been a clue.
Plus, what part of "up >30% in a week" did you not understand.
The petro market is always irrational. The prices went up nearly 80% in a typical overreaction.
They have settled back down but still at significantly higher prices for all grades of crude.
Once pricing tries to reach its new equilibrium, it doesn't tend to react to every event. That, in & of itself, explains why prices shoot up, but gradually recede. (There are other factors, but that move toward equilibrium is a consistent lever.)
If you just wanted everyone to agree with your assessment, you should have said so.