Argentina threatens oil firms with sanctions as Falkland Islands dispute intensifies

Argentina threatens oil firms with sanctions as Falkland Islands dispute intensifies Submitted by MEE staff on Fri, 09/04/2026 - 10:09 Javier Milei cited Trump's threat to change position on islands over the UK's lack of support for war on Iran Argentina's President Javier Milei delivers a speech during the Americas Society/Council of the Americas 'Political and Economic Perspectives' conference in Buenos Aires on August 20, 2026 (AFP/Juan Mabromata) Off Argentina has threatened sanctions on oil firms that seek to drill around the Falkland Islands as he continues to up the pressure over the British Overseas Territory. The country's far-right President Javier Milei said in a national address that the "winds of change" favoured Argentina's claim to the islands, which they refer to as Las Malvinas. He cited a threat by US President Donald Trump to change his country's position on the islands over the UK's lack of support for the war on Iran .