Argentine President Javier Milei has announced plans to accelerate sanctions against oil companies operating in waters around the Falkland Islands, known in Argentina as the Malvinas. Buenos Aires says companies must obtain government authorization before exploring the country’s continental shelf. The measures could include operating bans and asset embargoes. Britain rejects Argentina’s sovereignty claim, while the islanders’ right to self-determination remains central to the UK’s position. The announcement renews tensions over offshore resources and the islands’ disputed status once again.
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