The Dollar certainly has some direct connection to oil. There are still calls to have an officially oil backed USD. It's a topic we must revisit as more people now have more control over their own destiny. We cannot accept thoughts of kingship rule were few govern the economy for all like the Middle Ages. This is how Muslim countries are run and many have not fared well during the pandemic.

BTW, it is probably no coincidence that just a couple of years ago that Saudi Arabia called for its citizen to diversify and reduce their dependency on oil. The leaders saw a future where oil was quickly losing its flavor.