The current global energy crisis has created a significant impact on the world economy, causing major changes in consumption patterns, prices and energy policies. The main causes include geopolitical tensions, climate change, and post-COVID-19 pandemic recovery which increases energy demand. The increase in the price of fossil fuels, such as oil and gas, appears to be a global issue that not only affects producing countries, but also consuming countries. In the context of geopolitical tensions, conflicts such as those in Ukraine and the embargo policy against Russia have disrupted Europe’s energy supply. Countries need to look for alternatives, deploying long-term solutions such as the use of renewable energy, but this transition requires time and large investments. As energy prices rise, inflation also soars, shaking up other sectors of the economy. Climate change also contributes to this crisis, where extreme weather phenomena disrupt energy production operations. These factors force countries to choose between meeting short-term energy needs or investing in more sustainable, long-term solutions. For example, many countries are turning to coal to meet their urgent energy needs, even though coal has a greater environmental impact. Rising energy prices force the government to formulate new policies to support society. Energy subsidies are increasing, and many governments are providing financial assistance to help consumers cope with soaring costs. However, this solution has risks, which can worsen the budget and impact financing of other sectors, including education and health. Industry is also feeling the impact. Many companies have had to adjust their strategies to deal with rising production costs due to expensive energy. Some industries, especially those that depend on large amounts of energy such as manufacturing and transportation, are starting to reevaluate their supply chains. This impact could lead to an increase in the prices of goods and services, putting further pressure on inflation. As the crisis progresses, energy companies are also innovating by accelerating investment in renewable energy to reduce dependence on traditional energy sources. Technologies such as solar and wind are gaining increasing attention, and sustainable products and projects are becoming a top priority in many countries. However, infrastructure constraints and the need for political approval remain challenges. In the context of global markets, the energy crisis also creates investment uncertainty. Investors are becoming more cautious, prioritizing investments in sustainable sectors and companies that can adapt. In effect, this shift could result in faster development of innovation and technology in renewable energy. The transportation sector is experiencing significant changes, especially with rising fuel prices. Many consumers are starting to switch to electric vehicles and other alternatives, pushing the automotive industry to innovate. Governments in various countries also support this transition by providing incentives for the purchase of environmentally friendly vehicles. Supply chain constraints are also a major concern in this energy crisis. With the closure of mines and production facilities in several regions, the supply of necessary goods has also been affected. Delivery delays and rising logistics costs add to the burden on consumers and businesses, complicating global economic recovery. Looking ahead, building resilience to energy crises is a priority goal for many countries. Investments in renewable energy infrastructure, diversifying energy sources, and improving energy efficiency will be critical to achieving energy independence. The government, private sector and society must work together to be ready to face future challenges.