Showing posts with label Iran; Israel; Energy Dispute; Swiss Supreme Court Judgement. Show all posts
Showing posts with label Iran; Israel; Energy Dispute; Swiss Supreme Court Judgement. Show all posts

Thursday, August 11, 2016

Swiss Court Rules In Favor Of Iran In Decades-Long Oil Dispute With Israel

Eilat-Ashkelon Pipeline Co. (EAPC) oil storage containers are seen on the shore of the Mediterranean Sea in the southern city of Ashkelon © Amir Cohen / Reuters 
Switzerland's highest court has backed Iran in its oil pipeline conflict with Israel that has been ongoing since the Islamic revolution in 1979. Tel Aviv is obliged to pay Tehran US$1.1 billion plus interest of US$461,302 in court costs.