The 2021–2023 global energy crisis began in the aftermath of the COVID-19 pandemic in 2021, with much of the globe facing shortages and increased prices in oil, gas, and electricity markets. This crisis was caused by a variety of economic factors, including the rapid post-pandemic economic rebound that outpaced energy supply. It escalated into a widespread global energy crisis following the Russian invasion of Ukraine. The price of natural gas reached record highs, leading to increased electricity prices in some markets, and oil prices hit their highest level since 2008. Higher energy prices have had significant social and economic impacts. … Continue reading Global Energy on Edge: Unpacking the 2021-2023 Crisis and Its Unprecedented Impact!