Crude in New York posted biggest weekly gain since July Trump appointed John Bolton as national security adviser Crude posted its biggest weekly gain since July as the appointment of a hardliner for U.S. national security adviser fueled speculation sanctions on Iran will be re-imposed. Futures in New York climbed 5.7 percent this week. President Donald Trump is taking a hawkish foreign-policy turn by picking John Bolton for the job, drawing the market’s attention to one of OPEC’s largest producers. “We’re seeing the Bolton premium being priced in,” said John Kilduff, a partner at Again Capital LLC, a New York-based hedge fund. “There’s geopolitical jitters. This switch in national security advisers is going to make the market uneasy about what lies ahead in terms of dealing with Iran.” Crude surpassed $65 a barrel for the first time since early February this week as geopolitical tension adds to signs that […]