No, if you mix water with oil and pour it into a frying pan and then heat it up, it will not fry. Frying typically involves cooking food in hot oil or fat. When you mix water with oil, they do not blend together because oil is hydrophobic (repels water). Instead, the water and oil will form separate layers, with the oil floating on top of the water.
When you heat this mixture, the water will eventually reach its boiling point and turn into steam. The steam will try to escape, causing the oil to splatter and potentially causing a dangerous situation. Additionally, heating water and oil together can lead to the oil reaching its smoke point, which can produce unpleasant smells and potentially release harmful compounds.
If you want to fry food, it's important to use oil or fat without mixing it with water.