The global energy crisis has become a central issue that influences not only government policies, but also people’s daily lives. Energy supply instability, soaring prices, and the threat of climate change are the main factors that must be faced. The impact of this crisis is far-reaching, affecting important sectors of the world economy. First, rising energy prices, especially oil and gas, have put pressure on many countries and industries. Transportation costs increase, which are then passed on to consumers. The manufacturing industry, for example, is facing big challenges, because the raw materials needed are becoming more expensive and difficult to obtain. This increase in costs often leads to high inflation, affecting people’s purchasing power. Second, large energy producing countries such as Russia and Saudi Arabia are enjoying huge profits from price spikes. However, countries that depend on energy imports must face a trade balance deficit. This causes instability in currency exchange rates. Economic stability in developing countries, particularly in Asia and Africa, is seriously threatened, potentially exacerbating poverty and social injustice. Third, investment attractiveness is also changing. Investors tend to shift focus from the traditional energy sector to renewable energy sources. This transition requires major investments in technology, infrastructure and research. Even though it looks positive, this transition process does not necessarily provide a short-term solution for countries that still depend on fossil energy. Fourth, the environmental impact cannot be ignored. The increased use of fossil fuels due to this crisis has the potential to worsen climate change. Dependence on dirty energy causes carbon emissions to increase, which is a serious topic of discussion internationally. Commitments from various countries to reduce emissions could be in danger of failing if the energy crisis continues. Fifth, the energy crisis also affects the social sector. Many people have to adapt to the unavoidable increase in the cost of living. Government assistance programs to reduce the burden on society have become a strategic choice in various countries. However, this could also result in a heavy fiscal burden for the government amidst budget constraints. Sixth, there is a psychological impact on society. Energy supply uncertainty can create widespread concerns, affecting investment and consumption decisions. Consumer confidence tends to decline, which results in slowing economic growth. In facing the global energy crisis, international collaboration becomes more important. Countries need to work together to find long-term solutions that not only support economic growth, but also protect the environment. Initiatives such as the Paris agreement are becoming highly relevant to achieving these goals, although challenges remain enormous. Innovations in technology and cleaner energy production methods are key to overcoming this crisis and creating a more sustainable future for the world economy.