Home Business Global Markets: Oil races to near six-month highs on Iran sanctions, stocks... Business Global Markets: Oil races to near six-month highs on Iran sanctions, stocks rise By Genpie - April 23, 2019 186 0 Facebook Twitter Google+ Pinterest WhatsApp World oil prices jumped to near 6-month highs on Tuesday as the United States tightened sanctions on Iran, sending shares of energy companies higher and boosting currencies of several major crude producers.