In a mixing bowl, combine crushed Oreo cookies and softened cream cheese until well blended.

Using your hands, roll the mixture into small balls, about 1 inch in diameter, and place them on a baking sheet lined with parchment paper.

In a microwave-safe bowl, melt the white chocolate chips with vegetable oil in 30-second intervals, stirring in between until smooth.

Dip each Oreo ball into the melted chocolate, allowing excess to drip off, then place back on the baking sheet.

While the chocolate is still wet, sprinkle red and blue sprinkles on top of each ball for decoration.

Refrigerate the Oreo balls for at least 15 minutes to set the chocolate before serving.