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Argentina’s Milei threatens sanctions on Falklands oil developers while citing Trumps openness to rethink the U.S.’ stance

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Argentine President Javier Milei escalated his country’s dispute with Britain over the Falkland Islands on Thursday, vowing new measures to halt an oil project near the British-controlled archipelago and praising U.S. President Donald Trump for saying Washington could reconsider its neutral stance on the islands’ sovereignty.

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President Donald Trump for saying Washington could reconsider its neutral stance on the islands’ sovereignty. Milei cast Trump’s comments as proof that his close relationship with the U.S. president, criticized by political opponents as overly deferential, was paying dividends. “The United States is considering this change in position because it knows that Argentina has a reliable partner, aligned with Western values, in a strategically important position that can be a valuable ally in the decades to come,” Milei said in a nationally televised speech.

He threatened tougher sanctions against companies involved in the offshore drilling and announced new funding for a naval base in Argentina’s southernmost province of Tierra del Fuego to bolster the country’s military presence near the islands, known in Argentina as the Malvinas.

Read full article at Fortune Technology →

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