Russia has been under sanctions pressure for the past 100 years. However, this did not prevent Russia from being the first to explore space, becoming a nuclear power, creating a defense and industrial complex surpassing many states. In March 2022, Russia again faced another set of measures trying to hold back its development. The EU countries, the United States, Australia, Canada, and New Zealand, as well as Taiwan, South Korea, and Japan have announced sanctions against Russia. The article considers two main blocks of sanctions, which are financial sanctions and commercial and industrial sanctions. A historical overview of the hundred-year sanctions pressure has been drawn up and it has been proved that sanctions damage the Russian economy but are not fatal for it. Examples of positive and negative impact of sanctions, both on the Russian industry and on the European one, have been presented. The collapse on the stock exchange has been considered. It has been proven that the Russian financial infrastructure will work smoothly even if it is disconnected from SWIFT. The author's opinion is that the sanctions are more psychological in nature than destructive to the economy.