Israel is simply not a European colony, which European capital exploits and controls it after all?

In the age of global capitalism, chests of riches don't need to be delivered to the empire's capital. They are distributed among capitalists that profit from the region, like NVIDIA and many others, some of which have also been called out in the UN.

Besides, settler colonialism, unlike extractive colonialism, doesn't necessarily result in the subordination of the newly created society. The USA, Canada and Australia are still useful to European interests even centuries after their creation. In fact they've formed a major world block (including Israel) that is aligned in almost everything: