"The Palestinian Authority will review bilateral relations with the United States to safeguard the interests of our people, our cause and our rights," he told the Palestinian news agency WAFA.
Abbas argued that the US veto of Palestine's UN bid constituted "a blatant aggression against the rights, history, land, and sanctities of the Palestinian people, challenging the will of the international community."
"While the world agrees on the application of international law and stands by the Palestinian right, America continues to support the occupation, refusing to compel Israel to stop its genocidal war. It provides Israel with weapons and funds that kill our children and destroy our homes," he said.
Russian envoy to the UN Vassily Nebenzia said the US was almost completely isolated during the UN Security Council vote on Thursday. Twelve other countries voted in favor of granting Palestine full membership of the UN, while the United Kingdom and Switzerland abstained.