Since Georgia isn't in NATO (yet) the NATO mutual defence clause doesn't kick in, so this is likely to remain a continuing and increasingly nasty local dispute.
It will probably push up the price of oil - which (cynic mode on) is possibly one of the reasons it's happening.
Apparently, the big pipeline going through Georgia has been down for several days because of a bobm attack ... in Turkey (PKK claiming credit), but this is actually helping prices go down now, because it apeears the curt will be shorter than expected... In the long run, we're all dead. John Maynard Keynes