The Ukraine crisis is considered a reflection of systematic and organized conflicts that have accumulated between Russia and the West during the years after the collapse of the Soviet Union. At the same time, the war in Ukraine can be seen as the manifestation of the conflict between the great powers over the formation of the future world order. Despite the fact that Western countries tried to put the Kremlin under severe pressure by using the option of sanctions after Russia’s military attack on Ukraine, they ultimately failed to change Russia’s attitude. In the meantime, the passage of time has shown that the imposition of economic sanctions against Russia can act as a boomerang whose consequences will also affect the western countries themselves. The great economic dependence between Russia and European countries on the one hand, and at the same time Russia’s potential reaction and the imposition of reciprocal sanctions that can emerge in areas such as energy, will confront Western countries with greater risks, which will bring the world to the worst point of It is time to end the Cold War. Therefore, it is very important to check the effectiveness of sanctions and also the status of sanctions in the scenarios facing the war in Ukraine.