Ongoing Wars

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War in Darfur
War in North-West Pakistan
Kurdish separatism in Iran
Conflict in the Niger Delta
Kivu conflict
Sistan and Baluchestan insurgency
Paraguayan People's Army insurgency
Fatah–Hamas conflict
Mexican Drug War
Operation Enduring Freedom – Trans Sahara
Sudanese nomadic conflicts
Boko Haram insurgency
South Yemen insurgency
Somali Civil War (2009–present)
Sinai insurgency
Syrian Civil War
Sudanese conflict in South Kordofan and Blue Nile
Ethnic violence in South Sudan (2011–present)
Northern Mali conflict
Central African Republic conflict (2012–present)
Russo-Ukrainian War
International military intervention against ISIL
Yemeni Civil War (2015–present)
ISIL insurgency in Tunisia
Kurdish–Turkish conflict (2015–present)
2016 Niger Delta conflict
Northern Rakhine State clashes
Kamwina Nsapu rebellion
Insurgency in Northern Chad
Anglophone Crisis
Insurgency in Cabo Delgado
Iraqi insurgency (2017–present)
War in Catatumbo
2019–20 Persian Gulf crisis
Metekel conflict
2020 China–India skirmishes
Western Togoland Rebellion
Tigray War
2020–2021 Western Saharan clashes
Afar–Somali clashes
2020–21 Sudanese–Ethiopian clashes
Insurgency in Southeastern Nigeria
2021-2022 Myanmar insurgency
2021-2022 Armenia–Azerbaijan border crisis
Panjshir conflict
Russian invasion of Ukraine

Information Source : List of Wars

Above is the list of ongoing wars around the world, and it is clear to know the Russia - Ukraine war has begun in the year 2014 itself. Now Russia have invaded Ukraine. Afterall these many years we've got these many wars happening, but nothing is being connected to the economy or the cryptocurrency market. Now this has been making big news as World powers are getting connected. More of the technology dependence and alternate paths to overcome sanctions have made it third world war.

Joe Biden has said that any alternative to sanctions against Russia over Ukraine invasion would be the Third World War.