Mackerel wars?

Hjörtur J. Guðmundsson's blog about the mackerel dispute between Iceland, in whose waters most of the fish is found, and the EU. Not, please note, the country that is also affected by the problem of too many mackerel and the need to increase the quota, but the EU on whose behalf the Commission is negotiating and threatening Iceland with economic sanctions for its perfectly sensible behaviour legally and economically speaking.