Global Energy Crisis: Impact on the World Economy The global energy crisis has become a major issue affecting the world economy in recent years. Rising energy demand, geopolitical competition and climate uncertainty are the main factors exacerbating the situation. Rising energy prices, especially oil and gas, have an impact on production costs, inflation and the economic resilience of various countries. One of the direct impacts of the energy crisis is a spike in commodity prices. For example, crude oil prices reached record highs, causing the costs of transporting and producing goods to increase. Net energy importing countries, such as Japan and most European countries, felt the hardest impact. This increase in energy costs drives inflation, which in turn can trigger a tightening of monetary policy by the central bank to curb the rate of inflation. On the other hand, energy producing countries, such as Saudi Arabia and Russia, benefit from this price increase. Increased revenues from the energy sector provide them with the opportunity to invest in infrastructure development and economic diversification. However, high dependence on revenues from the energy sector also represents a risk, as fluctuations in energy prices can disrupt long-term economic stability. The energy crisis also affects global trade relations. Countries with a high dependence on imported energy must strategize to mitigate risks to energy supplies. This often leads to diplomatic tensions and trade wars, with countries seeking to strengthen their positions through bilateral agreements and diversification of energy sources. In the industrial sector, companies are trying to adapt by raising product prices or looking for cheaper and more sustainable energy alternatives. These changes not only affect operational costs but also influence investment decisions. Many companies are starting to invest in renewable energy technologies as a long-term step to reduce dependence on unstable fossil energy sources. The transportation sector also faces major challenges due to the energy crisis. Not only are fuel prices increasing, but also changes in transportation policies and a shift towards electric vehicles are part of the solution. Although there is a push to reduce carbon emissions, this transition requires large investments and time. The energy crisis has implications for social and environmental aspects. Rising energy costs have the potential to increase social injustice, where only a handful of people are able to access affordable energy. Meanwhile, the environmental impacts of the exploitation of energy resources are also increasingly being paid attention to. The move to renewable energy is expected to mitigate environmental impacts and create new jobs in the green sector. This energy transition is necessary to achieve sustainable goals. Various countries are starting to create policies to promote the use of renewable energy and energy efficiency, in order to meet future needs without damaging the environment. Indonesia, for example, is seeking to increase renewable energy capacity through solar and wind power generation projects. Overall, the global energy crisis has had a major impact on the world economy. In facing this challenge, international collaboration and technological innovation are key. A holistic approach to addressing these issues will not only create economic resilience, but also drive sustainable growth for future generations.