Finishing Veneer with oil and ?

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I'm in the process of building a pair of Exodus Audio Kit 2641's. I'm using 1/42'' raw rosewood veneer. I've read many places that I need 3-4 coats of teak oil to finish wood. However, I believe that every where I've read is assuming that I have solid wood and not thin veneer. I've put 1 coat of teak oil on the speakers and it looks and feels great. Is there any need to put 3-4 coats on?

In addition, since they look so nice I'd like to the speakers to be fairly bullet proof. Will the teak oil be hard enough, or should I follow up with a coat of Daft clear Laquer or Polyurethane?

Here is a pic before putting the teak oil on.
An externally hosted image should be here but it was not working when we last tested it.
 
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