The US-imperialist system of finance capital accumulation is in such a catastrophically deep crisis and there is no way out which is why Capital is hellbent on exterminating as many people as possible to wrest back control.
Nina Farnia just wrote an article on it.
https://www.cunylawreview.org/the-architecture-of-u-s-fascism-part-i/
Many people have been criticizing this terminology for decades.
110 years of settler colonial displacement and extermination could hardly be called a "conflict."
Besides, there is no such thing as "israel" so how can it be party to a "conflict"??