U.S. President Barack Obama speaks to the media in the State Dining Room after meeting with BP executives about the Gulf of Mexico oil spill, at the White House in Washington, June 16, 2010. REUTERS/Larry Downing (UNITED STATES  - Tags: POLITICS DISASTER
President Obama addressed the "fluid" situation in Ukraine in a brief statement to the press this evening.
“We are now deeply concerned by reports of military movements taken by the Russian Federation inside of Ukraine,” Obama said, speaking at the White House. “Any violation of Ukraine’s sovereignty and territorial integrity would be deeply destabilizing.”
Obama also stated that the United States would stand with the international community "in affirming there will be costs from any violation," but did not elaborate on what those costs would be.

3:20 PM PT: A transcript of Obama's remarks can be found here.

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