The worst it could do would be to push the Saudis and Egyptians to buy nuclear plants--if the West would sell it to them. Anyways, if Iran was just itching to destroy Israel, and was suicidal, they could probably do today. They'd just launch all their missiles from Southern Lebanon.
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U.S., allies carry out 24 airstrikes on ISIS targets in Iraq, Syria (Reuters)
from the article: Iran nuclear bomb could bring military balance of power, expert says