'The end of an era': oil price collapse may force Saudis to rein in arms spending

The world's fifth largest weapons buyer is eating up its reserves - and its political clout

Saudi Arabia may be forced to forego new weapons contracts and delay already-agreed weapons purchases as a financial crisis grips the kingdom, experts predict.

The expected delay of new weapons deals could have long-term political repercussions for the country under the rule of Mohammed bin Salman, the crown prince and de facto ruler who has waged a bloody war with neighbouring Yemen.