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Major oil companies face a test in plans for spending profits generated by the Iran war

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Major oil companies face a test in plans for spending profits generated by the Iran war
El Shark
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El Shark: Major oil companies are expected to post a sharp jump in third-quarter profits after the US-Israeli war on Iran boosted refining and trading results, while investors will watch how wisely these companies use their large cash reserves, and whether they resist excessive expansion…

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