Published 1 hour ago • loading... • Updated 22 minutes ago
Milei finds unity in pushback against Falkland Islands oil project
The move targets drilling and other activities near the disputed islands as Milei hardens Argentina’s sovereignty claim, with no further bill details released.
On Thursday, President Javier Milei announced a bill to toughen sanctions against companies drilling for oil near the Falkland Islands, marking a forceful shift in Argentina's approach to the British-controlled archipelago.
Milei previously favored diplomacy over confrontation; the Sea Lion oilfield is operated by majority owner Navitas Petroleum, with Rockhopper Exploration owning 35%, while Milei now pledges funding for a naval base in Tierra del Fuego.
Even political opponents welcomed Thursday's announcement; leftist leader Juan Grabois stated, "Milei's 180-degree turn is welcome," though critics note Milei's 36.8% approval rating and past praise for former British Prime Minister Margaret Thatcher.
Britain stated its position remains "unwavering," while companies claimed they hold valid petroleum licenses; President Donald Trump suggested the U.S. could reconsider its neutral stance on the dispute.
Former defense official Juan Battaleme noted, "What Milei understood is, this is the moment to act," yet experts warn Milei faces pressure to address Argentina's close diplomatic ties to Israel, given oil investors' strong Israeli connections.
Argentine President Javier Tebas has announced a tougher crackdown on oil drilling near the Falkland Islands, a move widely supported by the Argentine public. The move may be driven by domestic political considerations as well as a change in tone from Donald Trump.