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Please check if your logo file does not in fact a raster image wrapped into SVG syntax. If your logo uses some <use> tags, then it won’t work in the local preview due browser security CORS mechanism.
Thanks for the replies! I am not entirely sure what the problem was. I found that there were actually a few of images that stopped working/displaying on my site. I had to replace/re-upload them to get it working again. So yes, the SVG is now working as the “Website Logo”.