Yes, the Arabs have tried it, directly and indirectly. (Directly in 1967 when Egypt closed the Straits of Hormuz to Israeli shipping and indirectly through the on-going boycott of Israel and companies that do business with Israel). HAMAS wants it both ways. It wants to wage war against Israel (remember the 10,000 rockets and mortar attacks, one landed a block from my apartment in Ashdod) and have the benefits of peace. Well wake up Hamas boys, you cannot have it both ways
Western-backed Syrian rebels say kill foreign Islamic State (Reuters)
from the article: 'Obama warns Erdogan international Gaza flotilla probe bad for Turkey'