The Ukraine war, which began in 2022, has had a significant impact on the global economy. This conflict not only affects Ukraine and Russia, but also spreads to various countries around the world through several economic channels. One of the main impacts is a spike in energy prices. Russia, as one of the largest oil and gas producers, has restricted energy exports to the European continent, which relies on Russian supplies to meet its energy needs. As a result, European countries are facing an energy crisis that affects production costs and prices of goods. This rise contributes to global inflation, which is causing concern among economists and policymakers. In the agricultural sector, Ukraine is known as the “bread of the world” because it is one of the largest wheat exporters. The war has disrupted wheat production and distribution, impacting countries dependent on this supply, especially in Africa and Southeast Asia. This uncertainty in food supplies has driven up food prices on the global market, triggering food crises in several regions. The financial sector was also affected, with investors avoiding risks due to the uncertainty created by the war. Stock markets around the world experienced significant volatility, and many investors turned to assets considered safer such as gold and government bonds. Currency fluctuations have also become more frequent, especially for the euro and ruble, which creates further uncertainty in international markets. The Ukrainian war also accelerated the transition towards renewable energy sources. Many European countries are trying to reduce their dependence on Russian energy, encouraging investment in alternative energy. This creates new opportunities in the green technology sector, although short-term challenges remain. Trade bans and international sanctions against Russia affect global trade relations. Countries implementing sanctions have had to divert their trade routes, while Russia is looking for new partners in Asia and countries not involved in sanctions. These changes could lead to global restructuring in supply chains and slow overall global economic growth. The social aspects of the war’s impact cannot be ignored either, especially the refugees who triggered new demographic projections in Europe. This creates challenges that will affect the social and economic systems of countries hosting refugees, including the need for education, housing, and health services. The technology and innovation sectors have also been hit. Many technology companies have been forced to cancel collaborations or investments in Russia, which could hamper broader technological progress in the long term. On the other hand, some companies can take advantage of opportunities in new markets. Overall, the impact of the Ukraine war on the global economy is complex and involves the interaction of various interrelated factors. Energy, food, financial and social issues are combining into a crisis that demands collective attention and action from countries around the world to find sustainable and effective solutions.