Argentina threatens oil firms with sanctions as Falkland Islands dispute intensifies

Argentina threatens oil firms with sanctions as Falkland Islands dispute intensifies Argentina has threatened sanctions on oil firms that seek to drill around the Falkland Islands as it continues to up the pressure on the British Overseas Territory. The country's far-right president Javier Milei said in a national address that the "winds of change" favoured Argentina's claim to the islands, which they refer to as Las Malvinas. He cited a threat by US President Donald Trump to change his country's position on the islands over the UK's lack of support for the war on Iran. “Recently, President Trump declared that the US is re-evaluating its historic position in relation to the Malvinas,” said Milei. He said that the UK was on "a path of decline" as a result of immigration. "Argentina’s future, however, is flourishing and will prevail," Milei said. Read more: Argentina threatens oil firms with sanctions as Falkland Islands dispute intensifies