The ongoing US-Israel war on Iran has pushed the petrodollar to the brink. With Gulf security failing and a chokehold on the Strait of Hormuz, the IMF warns of a global "stagflationary" spiral. In an interview with CGTN's Tian Wei, panelists pointed out that, as energy demand shifts toward developing Asia, global stability depends on whether emerging market countries have a bigger voice in governance or are forced to build alternatives. Ultimately, the only path to true security is a rapid energy transition – moving from fossil fuel dependency to diversified, sustainable strategies.