[altacc]

We’re talking about the Israeli-Palestinian conflict here. There is sustained and ongoing armed conflict between two or more groups. So yes, to win the peace prize for solving the Israeli-Palestine situation you have to have actually stop the conflict. There is no peace to maintain, and impossible to prevent a war that has already happened.

[bzbarsky]

You're talking about the Israeli-Palestinian conflict. Other people are talking about the wider Israeli-Arab conflict, which has been closer to a cold war in the last couple of decades (modulo various training/funding for proxy operations), but just as real as the Cold War between the US and the Soviet Union. And worth defusing just like that one, though obviously it didn't have the "possible nuclear holocaust" issue going on.