The Global Energy Crisis has had a significant impact on the world economy. Uncertainty in energy supply, soaring prices and the transition to renewable energy sources are the main issues changing the global economic landscape. In recent years, oil and natural gas prices have experienced sharp fluctuations. Rising energy prices cause inflation in various countries, which worsens people’s purchasing power. Energy importing countries, especially in Europe and Asia, are feeling the adverse impact of rising energy costs. The cost of producing goods and services increases, resulting in a stagflation situation, which is a combination of economic stagnation and inflation. For example, the manufacturing industry in Europe was forced to reduce output due to increasing operational costs. On the other hand, energy producing countries such as Saudi Arabia and Russia enjoy the benefits of high energy prices. Their economies strengthened and budget surpluses increased. However, dependence on energy exports is risky, especially if energy prices fall again. Economic diversification is a major challenge for countries with high dependence on the energy sector. The transition to renewable energy is an alternative to overcome the energy crisis. Investments in green technologies offer long-term potential for diversification of energy sources and reduction of carbon emissions. Countries that lead this transition can create new jobs, increase innovation, and reduce dependence on fossil fuels. However, challenges such as inadequate infrastructure and high initial costs are obstacles. The impact of the energy crisis is also felt in international trade. Uncertainty in energy prices affects global trade and investment policies. Additionally, some countries may impose tariffs or quotas on energy products, harming trade relations. Major players in the energy market, such as the US, China and the European Union, must adapt to new dynamics to maintain economic stability. Changes in consumer behavior are another impact of the energy crisis. Society is starting to switch to more efficient and environmentally friendly energy use. Increased awareness of climate change is fueling the dedication of individuals and companies to reduce their carbon footprint. In the transportation sector, adoption of electric vehicles is increasing, and automakers are investing in cleaner technologies. Governments around the world face challenges in responding to the energy crisis. Subsidy policies, price restrictions and incentives for the use of renewable energy are the steps taken. However, this policy often faces criticism and challenges from various political and economic perspectives. The financial sector is also affected by the energy crisis. Investments in renewable energy are increasing, while the traditional energy sector carries high risks for investors. Green fundraising activities are increasingly popular, encouraging companies to find innovative ways to fund sustainable projects. The global energy crisis creates not only challenges, but also opportunities for innovation and international collaboration. Several countries are starting to collaborate on renewable energy and clean technology projects, creating new pathways for sustainable economic growth. In this context, understanding global energy trends is essential for decision makers and between countries to plan for a stable and sustainable future. Going forward, it is important for countries to build energy security and find innovative solutions to face the challenges posed by the global energy crisis. A multidimensional approach involving the public and private sectors, as well as community participation, will be the key to navigating the complexities that exist in today’s world energy dynamics.