Escalating clashes among the United States, Israel, and Iran are redefining security in the Middle East. Is the conflict heading toward containment or regional escalation? In this edition of The Hub, host Wang Guan leads an in-depth discussion with James Dorsey, adjunct senior fellow at Singapore's Rajaratnam School of International Studies; Joshua Landis, director of the Center for Middle East Studies at the University of Oklahoma; Wang Jin, director of the Center for Israel Studies at Northwest University; and John Gong, professor of Economics at the University of International Business and Economics. The panel explores battlefield developments, examines political calculations in Washington, Tehran, and Tel Aviv, and looks into the impact of strikes involving Hezbollah and the targeting of senior Iranian figures. They discuss risks to regional stability and global energy markets, and consider whether the current confrontation could reshape the Middle East order.