EU chief Ursula von der Leyen said on Friday that any EU sanctions on Russia in response to an "invasion" of Ukraine by Moscow would target the financial and energy sectors.

"She reaffirmed the fact that all options were on the table and that sanctions would concern the financial and energy sectors, as well as exports of high-tech products," the European Commission said in a statement, quoting Von der Leyen.

Moscow has repeatedly stated that it is pointless to use sanctions as a form of dialogue with the agreements, that it is not a party to the conflict in Ukraine, and that it is committed to implementing the Minsk agreements.

Here’s what you need to know

Russia has repeatedly denied any intention to invade Ukraine while pointing to NATO's military activity as a threat to Russian national security.

Just a couple of days after 2,000 US troops land in Europe to "assist" Kiev against Russia, London has also pitched in, sending more than 100 of its special forces advisors to the Ukrainian capital to train and aid the Ukrainian military.