Argentina's government has issued a warning that it could take unspecified retaliatory actions against oil drilling plans near the Falkland Islands, marking an escalation in the long-standing sovereignty dispute between Argentina and Britain.

MercoPress

Argentina's government warned that it could "fully exercise all" available actions over plans to develop an oil field near the Falkland Islands, in a fresh escalation of the sovereignty dispute. The Foreign Ministry declared the plans of Britain's Rockhopper Exploration "unlawful" and described that company and its Israeli partner, Navitas Petroleum, as "clandestine," after the Sea Lion project moved from exploration into development.