Spain and the Palestinian Authority are pushing for a reprise of the 1991 Madrid peace summit to mediate future Israeli-Palestinian peace talks. Spain believes recent regional developments have brought renewed urgency to these talks, but Israel's exclusion from discussions raises questions about their viability. Experts doubt Madrid's effectiveness as a mediator and question the feasibility of renewed peace talks. Despite strained relations with Jerusalem and geopolitical challenges, Spain still wants to be a constructive third party for future talks, potentially following the model of the 2020 Abraham Accords. However, without stronger support or involvement from key regional actors, the revival of meaningful peace talks appears unlikely.