# Mineral Owners and the Attack on Saudi Oil Supply
**URL:** https://www.mineralrightsforum.com/t/mineral-owners-and-the-attack-on-saudi-oil-supply/50954
**Category:** General Mineral Rights Discussion
**Created:** [September 17, 2019, 3:46am UTC](https://www.mineralrightsforum.com/t/mineral-owners-and-the-attack-on-saudi-oil-supply/50954 "2019-09-17T03:46:45Z")
**Posts on this page:** 6
**Page:** 1
### Author:  [@Forum\_Administrator](https://www.mineralrightsforum.com/u/Forum_Administrator)
#### Post date: [September 17, 2019, 3:46am UTC](https://www.mineralrightsforum.com/t/mineral-owners-and-the-attack-on-saudi-oil-supply/50954/1 "2019-09-17T03:46:45Z")
Has this event changed anything for the long run, or is it going to be treated as a temporary supply interruption with minimal long term consequences? What’s your opinion?
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### Author:  [@Forum\_Administrator](https://www.mineralrightsforum.com/u/Forum_Administrator)
#### Post date: [September 17, 2019, 3:47am UTC](https://www.mineralrightsforum.com/t/mineral-owners-and-the-attack-on-saudi-oil-supply/50954/2 "2019-09-17T03:47:16Z")
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### Author:  [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [September 17, 2019, 11:36am UTC](https://www.mineralrightsforum.com/t/mineral-owners-and-the-attack-on-saudi-oil-supply/50954/3 "2019-09-17T11:36:31Z")
I expect the Saudis to recover fairly quickly from the attack itself. Whether it leads to some widespread conflict? Anyone’s guess.
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### Author:  [@Roy](https://www.mineralrightsforum.com/u/Roy)
#### Post date: [September 17, 2019, 2:24pm UTC](https://www.mineralrightsforum.com/t/mineral-owners-and-the-attack-on-saudi-oil-supply/50954/4 "2019-09-17T14:24:05Z")
The risk premium will form a floor under oil prices, WTI will not flirt again with the dreaded $50 price for the foreseeable future. Did I really suggest the future is foreseeable?
Brazen act of war if evidence proves Iran launched the attack directly, not through proxies. However, Saudi Arabia will probably not retaliate in kind, despite the world’s 3rd largest military budget. US & SA will probably prefer a diplomatic/economic response.
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### Author:  [@Wilson\_Inc](https://www.mineralrightsforum.com/u/Wilson_Inc)
#### Post date: [September 18, 2019, 2:00am UTC](https://www.mineralrightsforum.com/t/mineral-owners-and-the-attack-on-saudi-oil-supply/50954/5 "2019-09-18T02:00:16Z")
If Iran does attack then Saudi Arabia may not be able to respond diplomatically or otherwise. This YouTube video is what Iran was showing its citizens in 2016. If you do not speak Arabic you can forward to about the 1:10 minute mark where no dialogue is needed from there to the end of the video
[https://youtu.be/94AugeDB2JA](https://youtu.be/94AugeDB2JA)
And two photos showing a possible preview of what Saudi Arabia might look like courtesy of Saddam Hussein in the Kuwait oil fields 1991.
[https://cdn.shopify.com/s/files/1/0543/2189/products/MCS-NYC107607\_1024x.jpg?v=1446394494](https://cdn.shopify.com/s/files/1/0543/2189/products/MCS-NYC107607_1024x.jpg?v=1446394494)
[http://www.psywarrior.com/OilFireLake001x.jpg](http://www.psywarrior.com/OilFireLake001x.jpg)
If this happens to Saudi Arabia how high will crude oil go if the war does not expand beyond the Iranian attack?
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 7:18pm UTC](https://www.mineralrightsforum.com/t/mineral-owners-and-the-attack-on-saudi-oil-supply/50954/6 "2025-01-11T19:18:49Z")