Three Way Love Affair by Elton John explores themes of complex relationships and emotional conflicts. The song delves into the dynamics of a love triangle, where three individuals are caught in a web of love, betrayal, and longing. It poignantly captures the emotional turmoil and moral dilemmas faced by those involved. Key moments in the song highlight the inner struggle of balancing love and honesty, as well as the impact of such relationships on personal identity and integrity.