Oil futures turn sharply lower on report that EU may be able to skirt Iran sanctions $ G& i0 Q! g9 w5 L3 h, M0 `9 ehttps://www.marketwatch.com/stor ... anctions-2019-01-23 7 ^# A2 b7 z/ ^6 v, J' `& Y. ?5 Y 1 Z# D( \6 e. P6 SThe 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.