Milei moves to sanction Falklands oil exploration amid sovereignty row

Argentine President Javier Milei announced plans to sanction energy companies that plan oil exploration near the Falkland Islands, arguing the Sea Lion field about 130 miles from the islands threatens Argentina’s claim. He said a bill would be introduced to restrict unauthorised oil activity off the Falklands, with firms Rockhopper Exploration (UK) and Navitas Petroleum (Israel) set to drill within two years. The sanctions, whose precise mechanisms remain unclear, come as Argentina hardens its stance in a long-running sovereignty dispute with Britain, amid broader signals from the US about possibly revising its neutrality on the issue.