Brent crude , a global benchmark, is set to extend its decline after the U.S. pledged to press ahead with airstrikes against militants in Iraq to protect supplies and help stabilize OPEC’s second-largest producer. U.S. jets and drone aircraft hit Islamic State fighters in multiple attacks yesterday to prevent the massacre of ethnic and religious minorities in northern Iraq and protect American personnel. President Barack Obama called on Iraqi political leaders to form a more inclusive government to pursue a long-term fight against the militant group formerly known as ISIS, which has seized oil fields near the country’s semi-autonomous Kurdish region. “Brent should fall because the U.S. has made it clear that it’s going to support the Kurds and the Baghdad government against ISIS and they will not be allowed to continue advancing,” Robin Mills, the head of consulting at Manaar Energy Consulting & Project Management, said by phone […]