Commentary
As European leadership prepares for the sixteenth EU-India Summit, both sides must reckon with trade-offs in order to secure a mutually beneficial Free Trade Agreement.
Dinakar Peri
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In The Media
As US-Iran Tensions Mount, What India Can Learn from the Oil ‘Tanker War’ in 1980s
Last week, Britain impounded an Iranian oil tanker in Gibraltar, claiming that the vessel was carrying oil to Syria in violation of the European Union’s sanctions.
Published on Jul 9, 2019
Source: Print
Last week, Britain impounded an Iranian oil tanker in Gibraltar, claiming that the vessel was carrying oil to Syria in violation of the European Union’s sanctions. A senior adviser to the Iranian government responded that if Britain failed to release the vessel, Iran would be forced to seize a British tanker. Coming on the heels of Iran shooting down an American drone that had allegedly violated its airspace and US President Donald Trump’s subsequent revelations about his administration’s unimplemented plans for retaliation, the latest incident underscores the risks that lurk in the mounting confrontation between the United States and Iran.
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
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