The global energy crisis is currently one of the most pressing problems faced by various countries. Surging fuel prices, resource scarcity, and uncertain international policies have created a far-reaching impact on the world economy. Many experts state that this condition not only has an impact on the energy sector, but also on various other aspects of the economy. One of the main causes of the current energy crisis is geopolitical tensions, especially between oil producing countries and consuming countries. The uncertainty created by conflict makes energy markets increasingly volatile. Crude oil prices, for example, have seen a sharp spike, which has had a direct impact on the costs of transportation and other products. In addition, the transition to more environmentally friendly renewable energy, although important, requires large investments. Many countries, especially in Europe, are switching from fossil fuels to renewable energy sources more quickly than predicted. However, this transition is not always smooth and can often cause short-term supply disruptions. The economic impact of this energy crisis is very significant. Inflation is starting to creep up in many countries, reducing people’s purchasing power. The rising cost of living results in a decline in domestic consumption, which is an important pillar for economic growth. Industrial sectors, especially those dependent on energy, are feeling the brunt of rising production costs, which can trigger layoffs and reduced output. Developing countries are more vulnerable to the impact of this crisis. They often do not have adequate energy reserves and are forced to rely on imports. As a result, their trade balance worsens, and the local currency may be devalued. On the other hand, oil-producing countries may reap huge profits but must also face challenges in managing that wealth for sustainable development. In addition, the technology and transportation sectors are experiencing rapid changes due to the energy crisis. Many companies are looking for ways to reduce dependence on fossil energy, driving innovation in electric vehicles and alternative energy sources. This can open up new market opportunities, but also give rise to stiff competition in the global market. Governments in many countries are starting to take strategic steps to overcome this crisis. Energy subsidy policies, investment in renewable energy research, and the development of energy efficiency programs are the main focus. However, the implementation of this policy must be handled carefully so as not to increase the existing fiscal burden. The current energy crisis is stimulating further discussion about the importance of energy security. Many countries now realize that diversifying energy sources and developing infrastructure is more important than ever. Community participation in the use of sustainable energy is also key in reducing the impact of the crisis. This crisis has shown that over-reliance on certain energy sources can make the global economy vulnerable. Changing attitudes towards energy consumption, technological innovation and sustainability-oriented policies will be very important in responding to current challenges.