Saudi Arabia has something like twice as many jet fighters than France. Even if you factor incompetence, it's not hard to hit a cargo ship or an oil production facility in absence of any meaningful air defence.
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
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.
That would mean Saudi Arabia is starting a war with Iran, which they presumably don’t want to do.
Does Saudi really want to fight an existential battle alone with Iran over 100B? probably not possible politically too.