Falklands Oil Dispute: A Test for Diplomacy and Friendship The recent threat by Argentina's president to sanction oil firms operating near the Falkland Islands has sent shockwaves through the energy sector, causing shares in Rockhopper Exploration to plummet.
The move is not just about territorial claims but also reflects Argentina's concerns over national security and economic well being.
Argentina's dispute with the UK over the Falklands dates back to the 1982 invasion, which resulted in the deaths of 649 Argentine and 255 British military personnel.