My half-baked personal take:
1. Peace in West Asia is of strategic importance to India because of IMEC.
2. If Iran too can settle things with the West, then it is to India's benefit. Chahbahar port, energy and other trade are important to India, and would
be much easier if the US were to lift sanctions on Iran.
3. Like with J&K where Article 370 was an impediment to progress, West Asia is stuck in a no-progress situation. Trump has shaken things up, and I give him full credit for trying. It may
be the best thing he has attempted as POTUS.
4. However, I am pessimistic and believe that play
will resume shortly after the break.
It seems the Wall Street Journal shared that opinion.
'Cracks already showing': WSJ pours cold water on Trump's peace plan
https://www.rawstory.com/donald-trump-gaza-2674181225/