"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.
On Thursday, Kremlin spokesman Dmitry Peskov said that Moscow regrets Washington's decision to extend sanctions against Russia.
Relations between Russia and the West deteriorated over Crimea's reunification with Russia, as well Moscow's alleged involvement in the Ukrainian internal conflict, claims that Moscow had repeatedly denied. The United States, as well as the European Union and some other countries, imposed several rounds of sanctions on Russia's energy, banking and defense industries, prompting Moscow to respond with a food embargo.