The Russian Foreign Ministry said Thursday said that the United States should be aware that the recently extended sanctions against Russia undermine the possibility of cooperating with Moscow on important international issues, Sputnik reported Thursday.

On Wednesday, US President Barack Obama extended sanctions against Russia, which had been imposed in March 2014.

"It is time Washington realizes the futility of its sanctions policy and the danger of the entire confrontation course in regard to Russia. We reserve the right to retaliate with means we believe to meet Russian interests," the ministry said in a statement.

"While systematically dismantling the framework of bilateral relations, the United States should take into account that with these very actions, it undermines the possibility of cooperation on key international problems, which they regularly request we help solve," the statement reads.

Source : MENA