<p>In PHP, a string enclosed in "double quotes" will be parsed for variables to replace whereas a string enclosed in 'single quotes' will not. In Python, does this also apply?</p>

No
:
2.4.1. String and Bytes literals
...In plain English: Both types of literals can be enclosed in matching single quotes (
```
'
```
) or double quotes (
```
"
```
). They can also be enclosed in matching groups of three single or double quotes (these are generally referred to as triple-quoted strings). The backslash (
```
\
```
) character is used to escape characters that otherwise have a special meaning, such as newline, backslash itself, or the quote character...