Iceland in the Cold War Iceland, as the United Kingdom conceded to a Icelandic exclusive fishery zone following threats that Iceland would leave NATO. As a result, British fishing communities lost access to rich areas and were devastated, with thousands of jobs lost. The term "cod war" was coined by a British journalist in early September 1958. None of the Cod Wars meets any of the common thresholds for a conventional war, though, and they may more accurately be described as militarized interstate disputes. There is only one confirmed death during the Cod Wars: an Icelandic engineer killed in the Second Cod War. Iceland hosted
Cod Wars fishing communities lost access to rich areas and were devastated, with thousands of jobs lost. Since 1982, a exclusive economic zone has been the United Nations standard. The term "cod war" was coined by a British journalist in early September 1958. None of the Cod Wars met any of the common thresholds for a conventional war, and they may more accurately be described as militarised interstate disputes. There is only one confirmed death during the Cod Wars: an Icelandic engineer, who was accidentally killed in the Second Cod War. While he was repairing damage on the Icelandic gunboat "Ægir" after