Oil futures turn sharply lower on report that EU may be able to skirt Iran sanctions 8 ?: C+ i) t( mhttps://www.marketwatch.com/stor ... anctions-2019-01-23 0 Z3 h E6 X( N, ^ % a! y) n, n4 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.