“Financial markets, actors in the private sector are taking note.

The Russian ruble recently sank to its lowest level in more than a year against the dollar,” Price said at a briefing.

According to him, the Russian stock market fell to the lowest levels in a year.

He noted that this "does not compare" with what awaits the Russian economy in the event of an "invasion" of Ukraine.

Earlier, US President Joe Biden said that he did not rule out the imposition of sanctions against Russian leader Vladimir Putin personally in the event of an escalation around Ukraine.