What can Saudi do or provide that US and Israel don't already have in spades?
Basing locations. Geographical limitations are a reality. If you cannot launch attacks from close by your options will be much more limited. If only a few of the Gulf state comprador regimes remain available to them in that region, that significantly reduces their tactical flexibility and shrinks the area to disperse/hide their assets over.
Taking Saudi Arabia out of the equation is a net advantage for Iran. There are still plenty of targets in the region without them.