However, when what Cloudflare is fundamentally providing is a more open, private, and secure Internet, we believe that shutting down Cloudflare's services entirely in Russia would be a mistake.

Good. Seems like Cloudflare is taking the sensible approach by targeting the sanctions at certain individuals rather than a blanket ban and still staying on the side of ICANN, RIPE, EFF on not revoking all services within Russia as they 'need more internet access, not less'.