Jump to contentAllNewsSportCultureLifestyleArgentina's President Javier Milei speaks during the Madrid Forum, a gathering of Latin American conservative leaders, in Santiago on September 3, 2026 (AFP/Getty)Argentine President Javier Milei has announced sanctions against companies, shareholders, and suppliers involved in oil drilling off the Falkland Islands. Milei highlighted the Sea Lion offshore project, operated by Navitas Petroleum and Rockhopper Exploration, as an imminent threat to Argentine interests. The Argentine president pledged to build a new naval base in Tierra del Fuego and introduce a national sovereignty defence bill to Congress. Downing Street reaffirmed Britain's unwavering commitment to the Falklands, with shadow defence secretary James Cartlidge insisting the islands will remain British. US President Donald Trump suggested he might not support the UK in a Falklands conflict, citing dissatisfaction with Britain's stance on the Iran war. In fullArgentina’s president threatens sanctions on Falklands oil fields amid tensions with UKMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in