That's right. He was talking about them. He was not talking about all Israel. Later, Paul described the distinction as being that Israel was the original grapevine, and the Gentiles were being allowed to be grafted on that grapevine, so there is one grapevine, and it is Jewish, but producing fruit by and for Christ. The church has only recently come out of its theological fog and recognized Scripture's words for what they say, that the children of Israel are still the chosen people of God, and the Gentiles are lucky to be allowed in, for which all we Gentiles can thank Jesus.
All the promises to the Jews were fulfilled in Christ. There are no other promises. The modern state of Israel is not part of any divine promise to anyone.