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Two major reasons that saudi arabia is important to many people around the world are —.

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1. Suadi Arabia holds the world's second-largest oil reserves and therefore produces a large amount of the world's fuel, keeping prices low and affordable for millions of people worldwide.

2. Saudi Arabia had the third-largest defense budget in the world in 2017, according to the Stockholm International Peace Research Institute (Sipri).

That year the country signed a $110bn (£84bn) arms deal with the US, with options running as high as $350bn over 10 years. The deal was described by the White House as the single biggest in US history

User Morio
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