The global energy crisis is currently a major concern, affecting many aspects of life, especially the world economy. Some of the main contributing factors include geopolitical conflicts, extreme weather changes, and a shift towards renewable energy which is still in the development stage. Rising energy prices, driven by reduced supply and unequal demand, are creating major challenges for countries around the world. The impact of the energy crisis is felt in many sectors. First, inflation increased rapidly due to a spike in energy prices. The costs of transporting and producing goods have also increased significantly, leading to higher prices for goods and services for consumers. The vulnerability of the global economy to fluctuations in energy prices is becoming increasingly visible, with countries that rely heavily on energy imports feeling the impact more acutely. The industrial and manufacturing sectors are not immune from negative effects. Many companies have been forced to reduce working hours or even temporarily close due to unmanageable energy costs. As a result, jobs are lost and economic growth slows. In some cases, countries have had to introduce subsidies to protect consumers and businesses, which can increase the public debt burden. On the other hand, countries rich in energy resources, such as Saudi Arabia and Russia, can take advantage of this situation to strengthen their economic position. Increased revenues from energy exports can fund development initiatives at home and protect their economies from broader negative impacts. In the context of climate change, the energy crisis is also accelerating the transition to renewable energy. Despite the challenges, the crisis is providing a boost for innovation and investment in renewable resources. Countries that can adapt and adopt green technologies will be in a better position in the long run. For developing countries, the impact of the crisis is more severe because they often have weaker infrastructure and greater dependence on fossil energy. Energy price volatility can trigger social and political unrest, resulting in greater uncertainty for economic growth. In facing this crisis, international collaboration is very important. Countries must coordinate to stabilize energy markets, by sharing technology and best practices in energy efficiency. Investments in better energy networks and environmentally friendly transport infrastructure should also be prioritized to ensure sustainable energy supplies. Therefore, building energy security is key in the midst of this crisis. Diversifying energy sources and increasing storage capacity can help countries reduce the impact of market fluctuations. In addition, policies that encourage the use of renewable energy and energy efficiency will provide long-term solutions to the problems currently faced. Overall, the global energy crisis has broad and complex impacts that require a holistic approach. Energy price stabilization, environmental preservation and technological innovation must be the main focus for the government and market players. Active involvement of all parties is needed to build a strong and sustainable economy in the future, as well as maintain existing social and political stability.