UK support for Falkland Islands 'unwavering' after Argentina restates claims, No 10 says

It is not yet clear how or to what extent the sanctions will be imposed or tightened. In Argentina, a current law already allows for restrictions of activities of oil companies participating in projects considered unauthorised on the islands.Two oil companies – Britain's Rockhopper Exploration and Israel's Navitas Petroleum – are due to begin extracting oil in the Sea Lion oilfield off the Falklands coast within two years, something Milei said Argentina could not allow.A joint statement from the two firms on Friday said it had the valid licences granted by the government of the Falkland Islands, "and with the full support of the UK government." The project is due to deliver its first oil in 2028, Rockhopper and Navitas said the partnerships' timetable would not be affected. The Sea Lion oilfield, around 130 miles from the islands, contains an estimated 1.7 billion barrels of oil - described by Rockhopper as a field containing "highly marketable crude".Milei also announced plans for a naval base in Tierra del Fuego in the south of Argentina, saying Trump and the US were "assessing their historical position in regard to the Falklands", which Argentina refers to as Las Malvinas."That ...