Oil futures turn sharply lower on report that EU may be able to skirt Iran sanctions # W1 J9 h0 Q: c6 E* w0 X$ B8 i https://www.marketwatch.com/stor ... anctions-2019-01-238 E2 t3 L" n7 V4 R$ V& 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.