Oil & Gas Prices: More Hypocrisy; the U.S. exempts EU & Japan from Iran oil sanctions

In a move that is hypocritical, the United States has exempted 10 European Union countries, and Japan, from U.S. imposed Iran oil sanctions.

It also brings up the question: What was the point?

I already showed how, under the Bush jr administration, U.S. corporations were exempted from future sanctions against Iran, back in 2000!

The countries now granted exemptions from the U.S. oil sanctions are Belgium, United Kingdom, Czech Republic, France, Germany, Greece, Italy, Netherlands, Poland, Spain and Japan.

Again: What was the point of the U.S. imposed sanctions against Iran, if the U.S. is going to grant exemptions to other countries, and, a Republican created law in 2000 already exempts U.S. corporations from having to obey any sanctions anyway?