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Does Saudi really want to fight an existential battle alone with Iran over 100B? probably not possible politically too.

well "want to" isn't "does not have to"

That would mean Saudi Arabia is starting a war with Iran, which they presumably don’t want to do.

Saudi Arabia has FAR more to lose. Paying $1 or its equivalent in Yuan per barrel is utterly nothing for them. Chump Change.

Unfortunately, I do not believe Israel will stand for peace on this terms, so a false-flag sabotage attack will happen as soon as they are freed from their conquest of Lebanon.

Saudi Arabia needs jet fighters to patrol a very large desert and active threats all around. France doesn't have enemies on all sides, and it has nukes and a navy. There's no pressing need for France to have more planes than Saudi Arabia