The impact of the energy crisis on the global economy is very significant and complex. When energy prices rise, the impact extends to various sectors and creates new challenges for countries around the world. One of the most direct impacts is an increase in production costs. Energy-dependent industrial sectors, including manufacturing and transportation, saw operating costs increase. With rising raw material prices, companies are forced to increase the prices of their products, which ultimately leads to inflation. Rising inflation caused by a spike in energy prices can also affect people’s purchasing power. Consumers face higher costs of living, which reduces spending on other goods and services. This can slow economic growth, especially in countries with a high level of dependence on fossil energy. In the long term, changes in consumption patterns may occur, with consumers switching to more energy efficient goods. From a macroeconomic point of view, the energy crisis could result in a decline in GDP growth in several countries. Energy importing countries, like many countries in Europe, are particularly vulnerable. As energy costs rise, the trade balance deficit may widen, and unemployment in certain sectors may increase. This is in line with the slowdown in foreign investment, where investors tend to be hesitant to invest in countries with energy market uncertainty. However, the positive impact of the energy crisis can also be seen. Many countries are starting to invest more seriously in renewable energy as an alternative to reducing dependence on fossil fuels. The transition to green energy creates new opportunities in the form of jobs and technological innovation. In addition, the government can develop policies that encourage energy efficiency and savings. At the global level, the energy crisis has also triggered geopolitical turmoil. Tensions between energy producing and consuming countries could increase, affecting international political and economic stability. Countries that accelerate the diversification of their energy sources can increase their bargaining power. This creates new dynamics in international relations that policymakers need to consider. The financial sector was not spared from the impact of the energy crisis. Energy price spikes can trigger volatility in stock markets and increase credit risk. Investors tend to shift their portfolios to safer assets. In addition, the risk of energy price uncertainty can disrupt a company’s profit forecasts, impacting investment and financing decisions. In an environmental context, the energy crisis can accelerate damage due to the exploitation of fossil energy sources. However, with increasing awareness of climate change, there is a global push to switch to more environmentally friendly solutions. Collective action in overcoming the energy crisis in a sustainable way is expected to encourage more balanced and sustainable global economic growth.