So why didn't the US impose sanctions on the Saudis after they nationalized US oil companies in Saudi Arabia? Or (checks notes [1]) Sri Lanka, Turkey, Bolivia, Bahrain, etc.?
The problem with this theory is that it doesn't account for all of the nationalizations that the US didn't respond to with sanctions or invasions. Which is, I believe, larger in number than the reverse.
The problem with this theory is that it doesn't account for all of the nationalizations that the US didn't respond to with sanctions or invasions. Which is, I believe, larger in number than the reverse.
[1] https://en.wikipedia.org/wiki/List_of_nationalizations_by_co...