World oil prices and OPEC

I think it goes way beyond that. The asset seizures of Russian billionaires in the West must have spooked the Chinese and Middle Eastern billionaires.
In the case of the Middle East these billionaires are usually members of the ruling royal family.
The Middle Eastern countries also realize all their US treasuries, which they are the biggest holder of, might be seized just like Russia's Central Bank reserves were.

US energy dependency

Despite being the world's largest oil producer, the US imported more than 3 billion barrels of crude oil and refined products in 2021, accounting for 43% of the country's consumption.⁠

https://twitter.com/spriteer_774400/status/1528353371345899522/photo/2