Critical energy infrastructure in Israel and Iran has not escaped unscathed from the first few days of the countries' escalated conflict. Worst-case scenarios have yet to be realized, but the war is already having a notable impact on energy production and exports in both countries.

On Friday, the head of the International Atomic Energy Agency, Rafael Grossi, told the UN Security Council that "the above-ground part of the pilot fuel enrichment plant, where Iran was producing uranium enriched up to 60% U-235, has been destroyed".

Israel has targeted Iranian energy infrastructure, including the world’s largest gas field, South Pars, which Iran shares with Qatar. CNN’s Becky Anderson speaks with analyst Firas Maksad about how this escalation poses a significant threat to global energy security.

Turkey expects there to be no issues with oil and gas supply for its domestic demand amid the conflict between Israel and Iran, though energy prices could continue to rise, Energy Minister Alparslan Bayraktar said.

Investors are regaining some appetite for risk amid rising optimism that the conflict won't spill over into a broader regional crisis.