Global Reactions to the Energy Crisis: How Egypt, South Korea, Russia, and Others Are Responding

A fast-moving global energy crisis is shaking economies across the world as the ongoing US-Israel-Iran war drives oil prices through the roof and disrupts supply chains. Countries from Egypt to South Korea are racing to protect their economies, businesses, and citizens from rising costs.

Egypt Implements Early Closures and Daily Life Changes

In Egypt, daily life is already changing. Shops, restaurants, and cafes must now close by 9:00pm as the government tries to save energy. Street lights are dimmed early and many workers are even staying home one day a week. These steps aim to reduce pressure as fuel costs surge. For everyday people, this means shorter business hours, fewer services, and rising prices for basic goods.

With supply disrupted, fuel prices have jumped sharply. Egypt, which relies on imported fuel, has seen its energy bill more than double in just a few weeks.

Türkiye and Asia Fight Currency and Inflation Pressure

In Türkiye, leaders