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.

Israel launched military strikes against Iran's nuclear facilities, leading to a significant surge in global oil prices and increased geopolitical uncertainty.

President Trump said on Wednesday that Iran wants to negotiate, but he wouldn’t rule out U.S. military action.