Trump's 'Sanctions' on Russia? Bloomberg Forgets How Money Works
Bloomberg (10/29/2025) highlights former—or future—President Trump's upcoming China meeting as a pivotal 'test' for Russia oil sanctions. The article paints a picture of Trump confronting Xi Jinping, urging China to cease support for Russia, implying a singular focus on geopolitical principles. One might wonder if this 'test' includes a pop quiz on energy profits or the lobbying efforts from
factions who stand to gain from high oil prices and continued global instability. It conveniently glances over the fact that previous administrations, including his own, rarely prioritized sanctions over the interests of powerful fossil fuel lobbies. This isn't about 'getting tough with Putin'; it's a predictable dance. The US, regardless of who's in the Oval Office, profits handsomely from global
energy chaos, with defense contractors and oil giants seeing record gains while the public shoulders the costs. Talk of 'pressure' on China conveniently sidesteps the deep financial entanglements, the realpolitik, and the fact that a strong oil market isn't exactly bad for American energy portfolios. The narrative of clean geopolitical divisions crumbles when traced back to boardroom earnings
calls. It's a show for public consumption, not a genuine shift in the global energy chessboard.