The government of Argentina has threatened to impose sanctions on companies that start projects in the Islas Malvinas. This move is part of a long-standing dispute with the Reino Unido. President Javier Milei announced plans to construct a new naval base in Tierra del Fuego.

The president criticized certain offshore oil exploration projects, including Sea Lion, which is being developed by Navitas Petroleum and Rockhopper Exploration. He argued that these projects would violate Argentina's sovereignty.

Further details on the government's plans and the dispute are available from the source, including a video message from President Milei.