Current Israeli politics are too focused on local issues (religious vs secular and settlers vs left) that playing up the Iran conflict wouldn't actually help much with, so I don't see them going for it.

This is very unexpected and in fact the indications were a similar deal would be announced soon with Israel. This is the geopolitical equivalent of a HUGE FLASHING RED LIGHT. The chances of a direct conflict now are much greater. Though, perhaps the Saudi's and Chinese want to prove they can play peacemaker and just think this conflict is more manageable than Ukraine?? Idk, but damn shit doesn't get more interesting every day.