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The battle between Britain and Argentina over the Falkland Islands flares up

Argentina began sanctions proceedings against 45 oil firms as it renews its claim over the Falklands and the Sea Lion project moves toward production.

  • On Friday night, Argentine President Javier Milei's office announced proceedings to impose sanctions on 45 individuals and companies accused of involvement in oil exploration and production around the Falklands.
  • During his national address on Thursday, Milei claimed the 'winds of change' favored Argentina's claim to the islands, stating, 'We need to recover these islands which are nationally relevant.'
  • The Sea Lion oil field, located about 225 kilometers north of the islands, contains reserves equivalent to 1.7 billion barrels; Britain's Rockhopper Exploration owns 35% and Israel's Navitas Petroleum holds 65%.
  • President Donald Trump questioned Britain's military capability on Thursday, while British Foreign Secretary Ed Miliband wrote on X that the islands' right to self-determination is 'paramount' and will be defended.
  • About 3,500 people live on the Falklands, where a 2013 referendum saw 99.8% of voters support remaining under British rule; today, the UK maintains a deterrent force including more than 1,000 troops and regular Royal Navy patrols.
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The decree seeks to punish companies that explore or exploit hydrocarbons in Malvinas without Argentine authorization.

·Guayaquil, Ecuador
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The oil company SLB, one of the largest in the world, announced this Saturday that it will not participate in any activity in the Malvinas Islands, after the tightening of the sanctions issued by the Argentine president, Javier Milei, against those who participate in oil extraction initiatives in the "unauthorized" archipelago of Buenos Aires.

Argentine Foreign Minister Pablo Quirno once again defended the package of measures announced by President Javier Milei in the national chain regarding sanctioning those companies that participate in the exploitation of hydrocarbons in the Malvinas Islands. At the same time he reiterated that the central objective of the Casa Rosada is "to prevent...

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Middle East Eye broke the news in London, United Kingdom on Sunday, September 6, 2026.
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