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Crude Oil Holds Advance as Iran Confirms Death of Security Chief
Oil held a gain as the war in the Middle East dragged on, with Iran confirming the death of its security chief in another intensification of the conflict that’s roiled energy markets.
West Texas Intermediate was little changed near $96 a barrel, after adding almost 3% on Tuesday, while Brent settled above $103. Ali Larijani, secretary of the Supreme National Security Council and a key pillar of the country’s wartime leadership, was killed, according to state media.