> Iran's simultaneous proxy wars with its entire neighborhood

Except that's not happening and is complete BS. It also assumes these proxies have no agency and would not have acted on their own.

> It's not theoretically wrong. Just antiquated, destructive and–in the trade-based modern world–increasingly counterproductive. (You're trashing and alienating your natural trading partners.)

Guess what would allow Iran to peacefully trade with Israel. The end of Israeli occupation of Palestinian territories. The reason Iran cannot simply ignore that occupation is because it would loose the moral high ground in the Shia/Muslim world. And having that moral high ground (i.e. its support for the Palestinian cause) is also part of its power projection strategy.

> If your neighbour is developing ballistic missiles and explicitly calling for your anihilation, you're not going to "simply sit back and let [your]self be attacked.

Given that Israel does indeed have ballistic missiles and is explicitly calling for for the annihilation of Palestinians, or even 'Arabs' in general, does that in your mind justify October 7th?

> Iran isn't a material threat to Israel's power projection into Gaza and the West Bank.

Not Iran itself, but Israel insists that Iran support for 'proxies' is. Maybe not to Israeli power projection, but to its security at least.