"money can be exchanged for goods and services".
It's the same with oil and gas - the US wants it because the US needs it because the US uses it.That isn't changing anytime soon. The only question is who do you buy it from, and instead of buying ethically sourced oil from the closest ally, Biden ensured that the US instead has to buy it from dictators and has to compete with other idiots who also made themselves dependent on them.
Canadian oil exports to the US have increased since Biden took office. And, while still a small percentage, Candian oil companies are increasingly shipping through the US to the Gulf and reexporting it to China and India. Presently about 3 million barrels a day. Canadian oil barrels head out of the U.S. Gulf in record numbers | Reuters Remember two things, the world of international commerce is far more complex than Homer understands, and the US government DOES NOT dictate how oil brokers do business within the limits of sanctions and such matters. Brokers are the ones who decide who to buy from. These decisions are determined by corporate profits and oil purity needs of refineries. Again to assume the President is making these decisions is to assume a nationalization of the oil industry.
Presently the US has oil sanctions on Iran, Venezuela and Russia. These are on this short list precisely because they are dictatorships with bad human rights records.