Israel has limited number of planes. Those planes need maintenance, pilots need rest, munitions run out. Moreover Israel is still using standoff missiles which are not cheap and likely even US has limited stockpile of them.
Iran is going to run out of rockets before Israel and US
Moreover, the more Iran attacks the more depleted their AD gets, which means more of Iran's missile will go through causing severe damage. Slowly but surely Israel's significant strategic and economic targets will be destroyed. That's the kind of damage that takes decades to recover.
Conversely, focusing on Military targets depletes Israel’s ability to retaliate. You can hit the “economic” targets with drones. BMs are much more precious.
Even if Israel is alone, Iran and Israel are separated by a thousand+ kilometers. The most efficient delivery method is a jet fighter. This leads to one inevitable conclusion.No matter how powerful or awesome Israel is per capita, it's still a tiny country of 8 million. The overall weight is so much smaller and US cannot compensate for that.
Yes, if Israel starts to take too much damage, US might start fighting Iran too. But that is a different discussion.
Moreover, Netanyahu has been on the political ropes for the last 6 months. He needs an optics win or a continuation of the war. So I find it unlikely that he will sue for peace that’s not on his terms.