https://en.m.wikipedia.org/wiki/Strait_of_Hormuz
Some of the sanctions are definitely too much, as they will worsen the life of regular Russians and Europeans too much, without many strategic benefit, since both sides believe they are right, making them antagonize each other, leading only to further escalation
As a regular European: good.
We are at war, I'm more than willing to pay personal costs to inflict pain and casualties to Russia, even more so if those costs are "only" financial. I absolutely want my government to hurt us if that means hurting Russians even more.
Tell that to people who live on minimum salary, maybe they will explain you something about "financial price"
OTOH I hate from the bottom of my heart the entire wave of pseudo-intellectuals and anti-western useful idiots who push the "two-sides" narrative. (Just to be clear because this is the internet -- I'm not implying anything about you specifically)
https://www.focus.de/finanzen/boerse/konjunktur/top-oekonom-...
What long run, i wonder
And no one knew that before introducing them. Considering that they say that they already knew about the invasion a year ago.