Google Play Requiring Android 9 SDK by Nov 1st 2019
support.google.com
support.google.com
Google needs to step up their game so phone OS updates are seemless ... can't wait for Fuchsia (Android replacement project) to bear fruit
Your app can still target any version it wants; but this is to ensure that you'll implement features required for API level 28 (Android 9), so that users on a recent device can benefit from those.
Nothing more, nothing less. Thus of course we must still support Oreo and before, otherwise we'd cut >85% of the user base...
TL;DR: title-bait, misleading, not even accurate (missing "for app updates").