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Oil futures retreat from four-month highs amid Middle East supply concerns

Crude oil futures declined Wednesday, backing off four-month highs as concerns persist about Middle East supplies. Brent settled down 2.7% at $105.83 a barrel; WTI also fell (details not provided).

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Crude oil futures fell Wednesday, pulling back from the four-month highs reached as concerns grew over Middle East supply disruptions with the conflict continuing and no resolution in sight. 83 a barrel, while West Texas Intermediate…