ESV Reformation Study Bible – Ps 93:1
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Ps 93:1

93:1 The Lord reigns. This phrase and its slight variants may be found throughout this section of the Psalter (Ps. 96:10; 97:1; 98:6; 99:1). God is King, with omnipotent power and sovereign control over the world. See “God Reigns: Divine Sovereignty” at Dan. 4:34.

the world is established. This word of assurance is based on the fact that the King has created and maintains the world. The forces of evil, disorder, and chaos (vv. 3, 4) will not overwhelm the world.