Argentina Sanctions Oil Firms in Falklands, Plans Naval Base in Tierra del Fuego

Argentine President Milei announced sanctions on oil companies operating in the Malvinas/Falklands and plans to build an integrated naval base in Tierra del Fuego, escalating sovereignty tensions with the UK. The move signals a shift from diplomatic rhetoric to economic and military pressure, though details on sanctions scope and base timeline remain unclear. This could heighten regional friction and impact energy interests in the South Atlantic.