Biden announces sanctions on Nord Stream 2 company, U.S. official says Russian forces are 'ready to go' for an attack

This is CNBC's live blog tracking Wednesday's developments in the Russia-Ukraine crisis. See below for the latest updates.

Ukraine warned its citizens on Wednesday to avoid traveling to Russia and to leave the country immediately if they are already there.The move came after Russian President Vladimir Putin said Wednesday that Moscow is "always open" to diplomacy, days after ordering troops into eastern Ukraine and recognizing the independence of two self-declared republics in the region.

Amid the prospect of further Russian aggression in Ukraine, the European Union was set to hold an emergency emergency meeting on Thursday, and was reportedly considering another round of sanctions on Russian individuals. Officials from the United Kingdom and United States also threatened another round of retaliatory measures after they announced initial tranches this week.

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Biden Administration to Impose Sanctions on Nord Stream 2 Construction CompanyThe Biden administration plans to impose sanctions on the company constructing the Nord Stream 2 pipeline in a move intended to follow Germany’s announcement that it would n Joe Biden just lobbied democrats a month ago NOT to do this .. why isn’t the media questioning why sanctions were lifted to begin with Remember when Biden said sanctions on this didn’t matter cause it was almost completed Why isn’t the media asking why sanctions were lifted to begin with
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