The US has a relationship with oil because it is a product that this country needs to function on a daily basis. The US also has relationships with other countries because they have to purchase oil from them.
the middle east rapes us on a daily basis for oil
The US did not grant the Philippines independence.
The United States imports more oil than any other country.
There isn't any special relationship between Slovakia and US. There is standard, good relationship between countries.
Yes, the united states does receive oil from Iran. However a very small percentage due to the poor relationship between the two countries.
US involvement into Mexican internal affairs strained the relationship between the countries.
Hawaii is a state in the US
Territory
Friendly
Iran and America since 1979 have no relationship.
how was the relationsip between the us and cuba in 1960?
In short, weakening of the US dollar, e.g., due to the weakening US economy, causes crude oil prices to go up. Strengthening dollar makes the price of crude oil to decrease. It is explained by the Purchasing Power Parity theory, which assumes that the producers of crude oil should get the same price for oil in their own currency, after exchanging dollars they receive for crude oil.