Oil futures turn sharply lower on report that EU may be able to skirt Iran sanctions 8 x/ P. i( [$ L9 `6 V! b/ t https://www.marketwatch.com/stor ... anctions-2019-01-23. D- G: I0 T( A5 m7 H2 H! v7 ?' w" ]
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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.