Given the headlines in 2026, it would be reasonable to ask, “Have we entered World War 3?” Military conflicts have touched the Caribbean and Latin America with Venezuela, Europe, with Ukraine and the Middle East with the Iran conflict. There is also the further threat of an escalation with Cuba and a possible attack on Taiwan by China in the future.
The mechanisms of the United Nations used to mediate and prevent conflicts have been rendered futile. The UN Secretary General’s calls for a ceasefire and de-escalation have largely been ineffective in both Ukraine and Iran.
In an article by Tyler Mcbrien for Lawfare.com, it was stated: “US Representative to the United Nations Ambassador Mike Waltz submitted a letter to the United Nations Security Council laying out its international legal justification for launching Operation Epic Fury. The letter describes the joint US-Israeli attacks on Iran that began on February 28 as “necessary and proportionate actions in exercise of the inherent right of self-defence as reflected in Article 51 of the Charter of the United Nations.”
A World War is defined as a conflict involving most of the world’s major military powers, characterised by such a large-scale mobilisation of resources that nations often go into debt for decades to fund military budgets. It took 61 years for the UK to pay off its World War 2 debt to the US and Canada, with the last payment being made in 2006.
One may counterargue that the scale of horror seen in previous world wars has not yet been reached. Due to advances in technology, we are unlikely to see the death tolls of WWI and WWII, as trench warfare and carpet bombing of cities are no longer necessary due to precision standoff weapons and drones being the preferred method of attack.
WWI saw 15-22 million deaths, with at least six million civilians killed. World War II saw 50-85 million killed, over 45 million of whom were civilians.
Armies today are thankfully smaller due to advancements in technology, with Russia’s (Soviet Union’s) WWII army standing at over 11 million personnel compared to 1.5 million today. Death tolls on civilians are also thankfully smaller in modern times since precision bombs limit collateral damage, as compared to the carpet bombing of cities in WWII.
The proliferation of nuclear weapons among the major powers has also caused nations to prefer proxy wars against non-nuclear states such as Ukraine and Iran. Hence, WWIII may look like a series of devastating proxy wars in third-party nations rather than direct attacks.
The US has already landed troops in Venezuela to arrest Nicolás Maduro after neutralising the Venezuelan air defence network. The ongoing conflict between Russia and Ukraine has killed more than 400,000 people on both sides and nearly two million were wounded.
The entire NATO alliance is actively funding and arming Ukraine to fight Russia, while Russia is being supported by North Korea and China. North Korea has at least 11,000 troops stationed in Russia supporting the Ukraine war.
The conflict between Israel, the US and Iran, dubbed “Operation Epic Fury,” has killed over 4,000 Iranians, 13 US service members and over 30 Israelis. By the time this article is published, US Marines may have already landed on islands in the Strait of Hormuz, bringing the death toll even higher.
The economic impact of closing the Strait of Hormuz has even caused Japan to volunteer its navy to help clear the Strait of mines if a ceasefire is reached. Most of Asia relies on oil and natural gas flowing through the Strait of Hormuz, and factories may begin shutting down if energy supplies run out in the coming months.
In my view, the present global situation falls just short of qualifying for “WWIII”, as China is not actively in a kinetic conflict.
Impact on T&T
The impact of the global situation on T&T is a mixed bag. On the positive side, instability in the Middle East will make T&T’s oil and gas industry more attractive to investors looking for a haven.
However, higher food prices will inevitably result from the conflict in the Middle East. The Russia-Ukraine war has already impacted food prices negatively worldwide, and things are only going to get worse.
T&T imports many goods from Asia. I have noticed that some canned fish from China have been appearing on our grocery shelves. We will not escape the economic impact of a protracted war in the Middle East, and I encourage readers to turn to agriculture and plant vegetable gardens.
Communities should begin working together to share agricultural knowledge and plant crops. The sharing of seedlings and repurposing of common spaces for vegetable gardens could provide vital calories to the underprivileged.
If food prices are not managed, the increased pressure may push more individuals to commit petty crimes in order to eat. While we may not be living in WWIII, the present global climate presents serious risks that must be managed carefully by both the Government and individual citizens.
