The Impact of the Russian-Ukrainian War on the Global Economy The war between Russia and Ukraine which began in early 2022 has had a significant impact on the global economy far beyond the borders of the two countries. One of the most pronounced impacts is on the energy market. Russia, as one of the world’s largest oil and gas producers, is experiencing international sanctions that affect global energy flows. Crude oil prices soared to their highest levels in history, causing inflation to spread to various sectors. Rising energy prices not only impact energy importing countries, but also shake up the transportation and production sectors. Rising transportation costs cause the prices of consumer goods such as food and electronics to soar, putting additional pressure on people’s purchasing power. Countries such as Germany and Italy, which are heavily dependent on Russian energy supplies, are feeling the impact especially hard, forcing them to explore alternative energy sources and accelerate the transition to renewable energy. The agricultural sector was also seriously affected by this war, considering that Ukraine is known as one of the main providers of wheat and other grains. When Black Sea ports were blocked, global wheat supplies declined, pushing global food prices up. Developing countries, which depend on food imports from Ukraine, are particularly vulnerable, increasing food security risks. The impact on global supply chains is also very pronounced. Many companies that depend on components from Russia and Ukraine are experiencing significant disruptions, forcing them to look for alternative suppliers and adjust production schedules. This not only halted production in some industries, but also created ongoing inefficiencies in suppliers around the world. On the other hand, global financial markets were also shaken. The uncertainty resulting from this conflict led to increased stock market volatility and massive selling of assets in many countries. Investors tend to turn to safer assets, such as gold and government bonds, while the currencies of countries affected by sanctions depreciate. The technology sector also did not escape the impact of this war. Technology-based companies that have operations in Russia or Ukraine will have to change their strategies quickly. Many are choosing to exit the Russian market to avoid being linked to human rights abuses and other difficulties businesses are facing. Furthermore, this conflict has sparked global discussions about energy security and economic resilience. European countries, in particular, are seeking to reduce dependence on Russian energy. This has accelerated investment in renewable energy technologies as well as new energy infrastructure, which is expected to provide long-term solutions. In the long term, the impact of this war has the potential to change the global economic map. Countries such as the United States and other energy producing countries may strengthen their role in the global energy market. Meanwhile, an emphasis on sustainable economic policies and supply chain diversification will increasingly dominate discussions in the international community. All these aspects suggest that the impact of the Russo-Ukrainian war serves not only as a point of regional tension but also as a critical moment that could redefine global economic and trade relations in the coming decades.