Oil futures turn sharply lower on report that EU may be able to skirt Iran sanctions % G4 Z v) Z% a- t } https://www.marketwatch.com/stor ... anctions-2019-01-23 5 u4 K2 ^( p" I2 l/ O/ ?. A6 M! h& L+ a: r
The European Union is set to launch a mechanism that would facilitate non-dollar trade with Iran, bypassing U.S. sanctions, Reuters reported Wednesday, citing comments from diplomats. That launch of the mechanism would allow the EU to "skirt" U.S.