Shouldn't this topic belong to the Politics & Society and not Economics? If the tension increases for these two countries, there will surely be an economic impact for both of them.

But one thing that most of us notices when there are wars happening, the price of oil increases due to the usage of the vehicles and moving battle vehicles that they use for it.

And that's what will happen for the global finance, everyone might feel it especially their citizens first. For the crypto market, I don't know yet.