Not without some other major blow to Japan. The embargoes were the economic equivalent of fire bombing Japan. Bank accounts in the US frozen, credit terminated, bank transactions prohibited, foreign flagged ships unable to carry Japanese cargos anywhere. Cash strapped Japan was abruptly cut out of the London and US banking centers - unable to purchase much of anything, and unable to transport it to Japan anyway. No high grade steel scrap, petroleum, chemicals, machine tools, Bauxite or Aluminum stock. Japans surplus resources could be sold, traded, or transported with extreme difficulty. So, Michilien rubber, & IndoChina Tin ore sat on the Haiphong or Saigon docks.
A passive US allows Japan to struggle on several more years. Until it either resolves the China Incident, or collapses without other opposition.