He added: “It is absolutely vital that we hold in reserve further powerful sanctions…in view of what President Putin may do next.”
MPs called for Mr Johnson to extend the sanctions further, with some calling for Russian oligarchs to be banned from the UK.
The Prime Minister responded that the Government retains “further sanctions at readiness to be deployed”.
White House Press Secretary, Jen Psaki, added that a new Executive Order, to be put in place by President Biden, was separate from these sweeping sanctions already threatened by the US.
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