The impact on the economy of oil exporting countries is mainly reflected in:

1. Increase foreign exchange income: The rise in oil prices directly increases the foreign exchange income of oil exporting countries, which helps to enhance their international payment capacity and economic stability for countries that rely on oil exports. ?

2. Promoting the optimization of energy structure: High oil prices can to some extent promote the optimization of energy structure. Although this may lead to an increase in the cost of energy supply systems, in the long run, it can help improve energy efficiency and save oil resources. ?

3. Enhancing awareness of the importance of oil resources: High oil prices have prompted countries around the world to further enhance their understanding of the importance of oil resources and strengthen their exploration and development, which may exacerbate competition in the international oil market. ?

The impact on the economy of oil importing countries includes:

1. Increase energy costs: The rise in international oil prices will lead to an increase in energy costs for importing countries, directly affecting various aspects of energy production and consumption, increasing energy costs for enterprises and individuals, and putting pressure on the economy. ?

2. Increase inflationary pressure: The rise in oil prices will directly affect production costs and price levels, bring inflationary pressure, and affect people's purchasing power and consumption level. ?

3. Reduce trade surplus: Oil is one of the largest imported commodities in China. The rise in oil prices will increase import costs, reduce import volume, lead to a decrease in trade surplus, and affect foreign exchange income. ?

4. Promote industrial structure adjustment: The rise in oil prices will impact industries that rely on traditional energy, promote the development of alternative energy sources such as new and renewable energy, and promote the transformation and upgrading of industrial structure. ?

In summary, the rise in international oil prices has both positive and challenging impacts on the economies of oil exporting and importing countries. For oil exporting countries, it mainly increases foreign exchange income and promotes the optimization of domestic energy structure; For oil importing countries, they mainly face challenges such as increased costs, increased inflationary pressure, and possible economic growth slowdown. Therefore, countries need to take corresponding measures to cope with the economic impact of rising oil prices.