The European Energy Crisis has created a profound impact on the global economy. In recent years, various factors, including the war in Ukraine, have disrupted energy supplies in the European region. This crisis not only presents challenges for European countries, but also affects the global economy as a whole. One of the main impacts of the European Energy Crisis was the spike in energy prices. With natural gas supply uncertain, gas and oil prices experience significant fluctuations. European countries that depend on energy imports are forced to look for alternatives, such as increasing the use of renewable energy sources. However, this transition requires time and substantial investment. High energy prices increase production costs, thereby affecting inflation worldwide. The economies of developing countries are very vulnerable. Many countries that already depend on energy imports have experienced losses due to this crisis. Rising energy costs have a direct impact on the industrial sector, triggering factory closures and workforce reductions. This has the potential to cause an increase in the global unemployment rate, which in turn will reduce people’s purchasing power and affect economic growth. The impact on the transportation sector is also very pronounced. With fuel prices rising, the cost of shipping goods has soared. As a result, consumer goods become more expensive, causing a domino effect across the global supply chain. This contributes to higher inflation in consumer countries that depend on imported products. Energy companies are also affected by market uncertainty. Investment in new energy projects has become more challenging, while oil and gas companies face pressure to shift to clean energy. This transition requires careful planning and risk management. Many investors are starting to doubt the stability of traditional energy markets, which are opening up opportunities for alternative energy technologies, such as solar and wind. In a geopolitical context, the European Energy Crisis triggered tensions between energy producing countries and consumers. Energy producing countries that have large reserves, such as Russia, can take advantage of this situation to increase their leverage. Meanwhile, consumers are trying to diversify energy supply sources to reduce dependence. This strategy creates uncertainty and can lead to political confrontation. The European Energy Crisis also spurred innovation in energy technology. Countries are trying to find solutions to reduce dependence on fossil energy. The emergence of energy storage technologies, the use of green hydrogen, and energy efficiency are the main focus. Investment in research and development in this sector can stimulate new economic growth. This crisis also shows the importance of energy security. Countries that are able to adapt quickly to changes in energy supply can create more resilient systems. Diversification of energy sources, infrastructure development and international collaboration are the keys to overcoming the challenges faced. Overall, the European Energy Crisis had a broad and complex impact on the global economy. From surging energy prices to technological innovation and geopolitical tensions, this crisis serves as a reminder of the importance of energy security and the need to transition to more sustainable energy sources. Going forward, the challenge for all stakeholders is to find a balance between current energy needs and the obligation to maintain environmental sustainability. It also calls for greater international collaboration among countries to create effective solutions amidst global uncertainty.