Any metric you and I would like to use, yes. The govt of Saudi Arabia, which is an ally of ours, murders journalists with a chainsaw on a foreign soil and smuggles the body out of the host country in suitcases - yet no Saudi company is penalized. Supporting a proxy war in Yemen is not that different from Russian invasion, but somehow it suffers no consequences for doing so.
It's actually easy to justify: for the vast majority of Saudis prince MBS is a good ruler. Who are we to judge how their government works, given completely different cultural backgrounds, religions, and different expectations resulting from that difference? We'd be happier if Saudi Arabia was a democracy with a rule of law instead of chainsaw, but if the majority of Saudis prefer the latter, we shouldn't try to force them to change, even if homosexuals can be legally stoned to death there.
It's an easy argument, but it undermines the "objectively" part of your statement. If we accept MBS, we should accept Putin. If we don't accept the way SA works, as we don't accept Russia's, then we should not trade with the Saudis. We do trade with them, though - we (Poland) even increased (2x or more) the amount of oil imported from them this year, and they continue being our friends and valuable allies in the region.
The situation is frankly schizophrenic. Either there are objective metrics, in which case they should be applied everywhere equally, or we allow Saudis do what they want, but then we have no grounds on which to condemn Putin.
If we want to still stay close to Saudi Arabia and condemn Putin, we have to agree that we condemn Putin based on something else than objective standards of governing.
I'd really like for our foreign policies to stay true to the ideals we hold dear, but that just doesn't seem to be the case. Putin is an actual, real threat, so we don't accept him and his buddies, while MBS only dismembers his own citizens (and he even allowed women to drive!), so we accept him. That's also a kind of "objective metric", but it's far from what you meant, and it makes me deeply uncomfortable TBH.