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While I agree, nuclear weapons have their own drawbacks and unless you invest in the full triad, just having siloes may even make you more of a victim (that's their main function anyway).

What they can and have started to do is to make deals with partners like Ukraine to diversify their defense systems so they are independent from the USA.

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As Iran has shown, you don't need nukes, just a means of cutting off, or at least severely restricting, the flow of oil. All Saudi needs to do is let the US and/or the world know that if they do/don't do X the taps turn off, as Iran has shown. That's a more powerful weapon than having a few sanctions-triggering bombs.

Saudi funding Ukraine and making Russia collapse to gain their Nuclear Weapons would be quite the future timeline.

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