Oil futures turn sharply lower on report that EU may be able to skirt Iran sanctions - a# }( |4 e; i, ^ \3 j. y/ T3 g+ w3 thttps://www.marketwatch.com/stor ... anctions-2019-01-23; Z8 i2 W e- O+ u$ l; U n4 I
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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.