Ok, a bit snarky, but that is the subtext and implication.
The author apparently doesn't realize that moderate Sunni rejection of Wahhabism in the face of US support of its chief advocate, KSA, implies US support of KSA state-sponsored jihadi terrorism. And suggests that Vladimir Putin is attacking the US by rejecting Sunni extremism, which threats Russia directly since the Russia Federation has population of about 15 million and Islam has been established there since the 7th century.
Oh, and the IsraelI hardline government also supports KSA and is on board with using jihadis as proxies, based on the strategic maxim, "the enemy (KSA) of our enemy (Iran) is our friend." (Disclaimer: I am neither anti-Semitic, nor anti-Israel, I am anti-Zionist and anti-apartheid.)
The idea that this is "geopolitics" is contradicted by the author's reporting.
Ahmed el-Tayeb, the state-appointed grand imam of the Al-Azhar University in Cairo, was the event’s headliner. Although it has declined in recent decades, Al-Azhar was for centuries considered the most influential Sunni scholarly institution. Its head, known as the Sheikh of Al-Azhar, is by job description alone a major figure in the Sunni world.
The world should be celebrating this amidst the calls for moderate Islam to denounce Wahhabi and Salafi takfirism and jihadism. Instead Bloomberg View bemoans that a US ally is being called out for it. Shame on them.