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Posted by
Two Blokes Jun 24 -
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Stock
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Occidental Petroleum stands to benefit from rising petroleum prices amid the escalating U.S.-Iran conflict, boosting its earnings and free cash flow potential. The company's aggressive debt repayment strategy is freeing up cash and improving its long term financial flexibility. OXY's U.S.-based energy supplies mitigate geopolitical risk, making it an attractive play as Middle East tensions threaten global oil markets.