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Argentina Targets Foreign Oil Plans Near Malvinas | Argentina News

Argentina’s President Javier Milei is set to deliver a fiery address, unveiling new legislation targeting companies operating near the Malvinas Islands without Buenos Aires’ approval—directly aimed at the controversial Sea Lion oil project backed by British and Israeli firms. The bill threatens penalties for any Argentine businesses aiding unauthorized extraction, signaling Argentina’s intent to enforce its territorial claims through law. Meanwhile, former U.S. President Donald Trump has hinted Washington may revisit its support for Britain’s sovereignty stance if defense spending rises…

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