The President said he made the decision in consultation with European allies but added they may not be in a position to join the US in banning Russian energy imports.
The annual threat assessment of the US Intelligence Community released by the Office of Director of National Intelligence (ODNI) also said that the 'expanded military posture by both India and China along the disputed border elevates the risk of armed confrontation between two nuclear powers that might involve direct threats to US persons and interests and calls for US intervention'.
'There are reports that the Biden administration is contemplating imposing CAATSA sanctions against India, the largest democracy on Earth'
Assistant Secretary of State for South and Central Asia, Donald Lu, was speaking to members of the Senate Foreign Relations Committee, just after India had abstained from a vote on the United Nations General Assembly resolution.
"Throughout our history we've learned this lesson -- when dictators do not pay a price for their aggression, they cause more chaos. They keep moving. And, the costs and threats to America and the world keep rising," Biden said addressing the joint session of the Congress in his first State of the Union.
The US has received enough petitions needed to reach the congressionally mandated 65,000 H-1B visa cap for the fiscal year 2022, a federal agency has announced. The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. Technology companies depend on it to hire tens of thousands of employees each year from countries like India and China.
In response to a question about whether US citizens should be concerned about a nuclear war breaking out, Biden said "no."
The United States enjoys a 'close and cordial' relationship with India, a senior official in the Joe Biden administration has said here on Monday, even as he voiced his country's 'concerns' to New Delhi about Russia.
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the world's main banking messaging service which links around 11,000 banks and institutions in more than 200 countries, including India.
"We share important interests with India. We share important values with India. And we know India has a relationship with Russia that is distinct from the relationship that we have with Russia. Of course, that is okay," Price told reporters at his daily news conference on Friday.
The US, in coordination with allies and partners, continued to forcefully respond to Russia's "unjustified, unprovoked and premeditated" invasion of Ukraine by imposing sanctions on Putin and Lavrov.
Over the past few days, the Biden administration has been reaching out to its friends and allies to support it against Russian aggression in Ukraine.
The students, most of whom are studying in Sumy State Medical University, said they fear for their safety as gunshots can be heard outside.
It is understood that India and the United States are not on the same page on the Ukrainian crisis.
Biden said his Russian counterpart has chosen a 'premeditated war that will bring a catastrophic loss of life and human suffering'.
Biden said the US will continue to escalate sanctions if Russia escalates.
The executive order also provides authority to impose sanctions on any person determined to operate in those areas of Ukraine.
President Joe Biden is prepared to engage with his Russian counterpart Vladimir Putin in any format at any place and time to prevent a war, top United States diplomat said on Sunday as he asserted that everything leading up to the actual invasion of Ukraine appears to be taking place.
'We know that our Indian partners are committed to that rules-based international order. There are any number of tenets in that order. One of them is that borders cannot be redrawn by force'
The attack would be preceded by a fabricated pretext that the Russians use as an excuse to launch an invasion.