Oil futures turn sharply lower on report that EU may be able to skirt Iran sanctions 0 H* Y( d5 z" G. O8 Z1 W( G https://www.marketwatch.com/stor ... anctions-2019-01-23 " L- c3 k7 j$ V $ L" O' o. s% |2 E1 Y( mThe 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.