The region’s rulers want to reduce their dependence on Western arms
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Deals with Saudi Arabia, Qatar and the United Arab Emirates show it is now a defence-industry power
The conflict complicates life for the custodians of Middle Eastern oil fortunes
With a common foe, they cannot afford petty feuds
Geography, cash and confidence will decide who recovers, and who drifts
A feud between Saudi Arabia and the UAE will have far-reaching consequences
They cannot hold back the energy crunch for ever
