Argentina tightens hydrocarbon rules in Malvinas, UK firms say schedule holds

Argentina's Milei government has tightened regulations on hydrocarbon exploration in the Malvinas/Falklands, escalating tensions with the UK. The companies involved assert the project timeline remains unchanged, indicating a diplomatic standoff rather than an operational halt. This marks a shift from Milei's earlier pro-market stance, potentially complicating UK-Argentina relations and regional energy dynamics.