Oil futures turn sharply lower on report that EU may be able to skirt Iran sanctions # a& s% Z# y5 x, y* J0 E7 I https://www.marketwatch.com/stor ... anctions-2019-01-23 # B1 D# Q0 ~/ x, k7 z/ x6 F8 O " \* T% u2 g6 ?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.