Russia warned the United States on Friday that any sanctions imposed on Moscow over its response to the crisis in Ukraine would “boomerang” back on the United States, as U.S. officials continued to explore ways to resolve the standoff diplomatically.
In a telephone conversation with Secretary of State John Kerry, Foreign Minister Sergei Lavrov warned that U.S. sanctions could “backfire” and urged the U.S. not to take “hasty, poorly thought-out steps that could harm Russian-U.S. relations,” the Russian foreign ministry said in a statement.
“Sanctions…would inevitably hit the United States like a boomerang,” the statement added, according to a Reuters report.
Heavier U.S. and European Union sanctions could sting Russia’s already slow-growing economy and hurt its financial sector. But Moscow could retaliate and seize American and other foreign assets or cut exports of natural gas to Europe, which is heavily dependent on Russia for energy.