Argentina’s Milei threatens sanctions as he refocuses on Falklands

Argentina’s president accused of political machinations as he eyes shifting US stance on Las Malvinas.Published On 4 Sep 20264 Sep 2026Argentine President Javier Milei has threatened sanctions against companies drilling for oil near the Falkland Islands.In a televised address on Thursday, Milei said he would seek approval of urgent legislation to toughen penalties for companies operating near the islands without approval from Buenos Aires. Argentina claims sovereignty over the South Atlantic archipelago, which it calls Las Malvinas,Recommended Stories list of 2 itemslist 1 of 2Argentina’s Milei threatens sanctions over Falklands oil drillinglist 2 of 2‘Falklands are Argentinian’: Celebrations over England win revive old woundsend of listMilei’s hardened stance is viewed as a bid to revive support for his libertarian presidency, with the Falklands issue one of the few that cuts across political lines.The sanctions would target the Sea Lion project, a deep-sea oil field about 140 miles (220 kilometres) north of the islands being developed by the UK’s Rockhopper Exploration and Israel’s Navitas Petroleum.Milei said the sanctions would extend beyond the two firms to suppliers, sharehol...