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Argentina: Threat to Sanction Oil Projects in the Falklands

Argentina has revived old tensions with Britain by threatening to sanction ۴۵ oil companies around the Falkland Islands. This action follows statements from the country&#۰۳۹;s new president and global concerns about sovereignty over these islands.

Argentina: Threat to Sanction Oil Projects in the Falklands france۲۴.com
Argentina: Threat to Sanction Oil Projects in the Falklands

Argentina announced on Friday that it has opened legal cases to investigate and penalize ۴۵ companies involved in the exploration and exploitation of hydrocarbons around the Falkland Islands. These islands, located about ۶۰۰ kilometers off the coast of Argentina, are under British control, and Argentinians refer to them as "Malvinas."

New Tensions in Argentina-Britain Relations

No names of the involved companies were mentioned in the announcement. However, reports indicate that these companies include British, American, Canadian, Israeli, Danish, and Dutch firms. Furthermore, major oil service companies like Schlumberger, Halliburton, and Baker Hughes have stated that they will not cooperate with oil projects near the Falkland Islands.

Argentina's President, Javier Milei, reiterated his country's claims over the Falkland Islands in a speech on Thursday and announced that he is seeking harsher sanctions against companies involved in oil projects in the region. He also referred to global changes that seem to favor Argentina's claim over these islands.

Reactions to New Political Moves

Milei's statements come as reports suggest that the United States is reviewing its position regarding the Falkland Islands. These changes could lead to further tensions in relations between Britain and the United States, especially if Britain fails to increase NATO's defense budget.

British Defense Secretary, Ben Wallace, in response to these statements, emphasized his country's "unwavering" commitment to the sovereignty of the Falkland Islands, stating: "The Falkland Islands are British because their inhabitants have chosen to be British."