Energy Crisis

An energy crisis occurs when the demand for energy—such as oil, natural gas, or electricity—exceeds supply, leading to shortages and disruptions. This can happen due to factors like political conflicts, supply chain problems, or reduced production. When energy supplies are limited, prices often rise, affecting transportation, industry, and households. The crisis can cause economic slowdown, inflation, and reduced access to essential services. Addressing an energy crisis typically involves increasing energy efficiency, diversifying sources, and investing in renewable energy to ensure a stable and sustainable supply for the future.