The Global Energy Crisis has become one of the most pressing issues of the 21st century. In recent years, energy supply uncertainties, price spikes, and shifting energy policies have contributed to far-reaching impacts on the world economy. Sectors such as industry, transportation and domestic are feeling the direct impact of this shift. The main cause of energy crises is often related to over-reliance on fossil fuels. Unstable oil and gas supplies, fueled by geopolitical conflicts and environmental disruption, cause significant price fluctuations. For example, Russia’s invasion of Ukraine in 2022 triggered a spike in oil and gas prices, impacting entire countries that depend on that energy. High energy prices directly affect the costs of producing goods and services, which in turn slows global economic growth. The transportation sector, which is the second largest energy user after industry, is experiencing serious impacts. The spike in fuel prices forced airlines and transport companies to raise fares, leading to reduced demand from consumers. Impaired mobility also impacts tourism, with many attractive destinations experiencing a decline in visitor numbers due to higher travel costs. On the other hand, the energy crisis has the potential to accelerate the shift towards renewable energy sources. Countries around the world are starting to invest in renewable energy such as solar, wind and hydro. This transformation not only aims to reduce dependence on fossil fuels, but also to meet global climate targets. However, this transition requires a lot of time and capital, so countries must strike a balance between increasing the use of renewable energy and meeting current energy needs. Inflation is also a direct impact of the energy crisis. Higher energy costs lead to increased prices of goods and services overall. In such a scenario, people’s purchasing power decreases, causing demand to fall and disrupting economic growth. Countries that are less diversified in energy sources will be more vulnerable to these shocks, increasing economic instability. Governments in various parts of the world are taking steps to overcome this crisis. Some implement energy subsidies to ease the burden on society, while others seek energy efficiency policies. Reducing taxes or shifting the budget to renewable energy is a strategic step to mitigate short and long term impacts. The energy crisis is also driving innovation in energy technology. Many companies are starting to explore innovative alternatives such as electric vehicles, energy storage, and better energy efficiency. This innovation is not only important for overcoming the current crisis, but also plays a key role in the future of sustainable energy sources. The link between the energy crisis and political stability cannot be ignored. Energy supply instability can trigger social protests, riots, and even regime change in some countries. People who feel the direct impact of soaring energy prices often demand that the government take immediate action to protect their interests. Given the complexity and far-reaching impact of the global energy crisis, the need for international cooperation becomes even more important. Countries must work together in developing a more global energy policy and coordinating the handling of the energy crisis so that no country is left behind. Future energy sustainability depends on the world’s ability to adapt and innovate, creating energy systems that not only meet today’s needs, but also safeguard the environment for future generations.