Oil futures turn sharply lower on report that EU may be able to skirt Iran sanctions + U6 J. K; |. Vhttps://www.marketwatch.com/stor ... anctions-2019-01-23+ ?' Z: R& {+ a
$ l/ ] T- K8 d
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.