The other part is that wealth is recognized by society. I can claim all the oil in Texas, but if everyone's decided to abide by the power structure that we call the United States of America, they're going to give a wee bit more credence to the gubmint's opinion of who owns it than to mine.
Are you suggesting that it is okay for an outside party to steal from you? Or is your claim of oil false?
I'm saying that ownership, and by extension theft, are
social constructs. This doesn't mean they aren't real or important factors in daily life, just that they are underpinned by a societal consensus, rather than anything physical.
If a Martian physicist with no knowledge of Earth culture examined the oil, could it determine who owned it? Of course not. Someone owns that oil because everybody agrees that that person owns the oil.
Private property is like a government or a language or a marriage. They're real, but only because we say so.
So when you argue that private property should be primary among all rules, and the current owners must have their claims respected, you've got to argue from something other than nature.
After all, that oil only belongs to those people because of
massive, government-sponsored, violent expropriation of property to begin with.