The energy crisis that has an impact on the global economy has become an important issue in recent years. Increased energy demand, coupled with supply disruptions, has triggered significant price spikes around the world. This influence creates widespread economic uncertainty that can be felt across various sectors. Rising energy prices contribute directly to inflation. Higher fuel costs affect the prices of goods and services, from transportation to food. Countries that rely heavily on energy imports bear a heavier burden; they have to face a larger trade balance deficit due to increased costs. For example, developed countries that depend on fossil energy have reported a decline in people’s purchasing power. In the industrial sector, especially manufacturing, the energy crisis slowed production. High operational costs force many companies to reduce working hours or even close facilities. This leads to a reduction in the workforce and increases the unemployment rate, which further disrupts consumer demand and slows economic growth. The transportation sector has also been greatly affected. Rising fuel prices affect the cost of transporting goods and services, which in turn causes the price of goods to increase. Entrepreneurs in the logistics sector face major challenges in managing budgets, which can lead to operational cuts or increased tariffs that can undermine consumer purchasing power. The energy crisis is also pushing countries to invest more in renewable energy sources. Many governments around the world are working to reduce dependence on fossil fuels, which is driving technological innovation. However, this transition is not always smooth. Infrastructure challenges, high start-up costs, and resistance from established industries are obstacles. The crisis also has significant social impacts. Low- and middle-income communities often feel the impact the most, with living costs soaring. Rising prices of basic commodities such as food and housing can cause social discontent and political tensions. Ultimately, the energy crisis shapes global geopolitics. Countries rich in energy resources are experiencing increased political power, while energy importing countries are trying to find long-term solutions. This is leading to international cooperation in the energy sector, where countries are trying to secure supplies and create better risk mitigation strategies. The goal of building global energy security is increasingly urgent, encouraging countries to formulate policies that support diversification of energy sources and increased efficiency. This is crucial in reducing the negative impact on the global economy. Renewable energy development and storage could be a path to greater economic stability in the future, although the challenges remain enormous.