US Urges NATO Allies to Cut Russia Ties, Buys Russian Oil
While lecturing allies, the U.S. Treasury quietly approved exemptions for American companies to continue purchasing Russian oil well after sanctions were imposed. Reuters reported in March 2022 that the Biden administration confirmed U.S. firms could still process and import Russian oil, citing 'wind-down transactions' as recently as April 2022. It appears sanctions are only for those without a
robust lobbying presence in Washington or lacking alternative geopolitical leverage. Perhaps Turkey needs a few more well-placed contractors to make its energy purchases 'strategic exemptions.' The hypocrisy is stunning; the 'rules-based order' (you know, the one where they make all the rules) only applies when it's convenient and profitable for American corporations. Washington effectively
demands others take the economic hit, while ensuring its own supply chain—and its allies'—remains fluid, even if it means funneling cash to the same 'enemy' they insist on isolating. One might wonder if the real objective is punishing adversaries or simply cornering the market for American energy producers.