ORIGINAL: Capt. Harlock
It depends. Yes, now it would seem that they were cruise missiles, but this attack revealed the vulnerability of oil’s production. I guess that they will improve AA defenses all around, but the market, IMHO, will remain jittery for a while.
One thing I can’t find an answer for is: what’s Iran end game (if Iran is involved for real and this is not another “WMD” fiasco)? “Start a war” doesn’t seem to be a rational answer - as long as the West avoids another quagmire on the ground.
Speculating about the end game gets dangerously close to politics. Let me therefore just say that Iran wants the Houthi rebels to be successful, so it can have a client state on the Arabian Peninsula. To do this, Iran must weaken the Saudi economy, since money is "the sinews of war".
Rather difficult to comment on this world event without being somewhat political I'd say.
Then do it from an economics standpoint. How much production and/or processing was lost compared to the national total. Then how much it would cost to harden (if possible) and defend the site. Then, how effective would that be.
Seek peace but keep your gun handy.
I'm not a complete idiot, some parts are missing!
“Illegitemus non carborundum est (“Don’t let the bastards grind you down”).”
― Julia Child