Falklands Drilling Reignites U.K.-Argentina Dispute

Drilling got underway this week off the still-disputed Falkland Islands, as an oil platform belonging to Desire Petroleum, a British company founded in 1996 for the specific purpose of oil and gas exploration in the North Falkland Basin, began operations on Feb. 22. The drilling, which is expected to last 30 days, marks the culmination of weeks of intense sparring between the Argentine and British governments over oil rights and shipping lanes in the South Atlantic. As the exploration progresses, the diplomatic battle between Argentina and the U.K. rages on. Tensions have been mounting since Feb. 16, when Argentine President […]

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