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Argentina Targets Oil Firms in Sovereignty Clash | Argentina News
Argentina’s government is launching a fierce legal and economic crackdown on five oil and gas firms tied to the controversial Sea Lion drilling project off the Malvinas Islands, asserting sovereignty over waters it claims as its own. President Javier Milei has vowed sweeping sanctions targeting companies, investors, and service providers linked to the UK-licensed operation, which Argentina says violates its continental shelf laws. The lawsuit names Navitas Petroleum and affiliates, accusing them of illegal resource exploitation. Stock prices for Rockhopper and Navitas have already plummeted…
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