Falklands face 'economic war' as Argentina criminalises oil industry
Islanders warn of unprecedented hostility as UK steps up legislative defence
Argentina has escalated its campaign for the Falkland Islands, moving beyond diplomatic rhetoric to what local politicians describe as an 'unprecedented economic war'. President Javier Milei's government has criminalised foreign involvement in the islands' emerging oil industry and put its lucrative fisheries on notice, prompting the UK to draft new protective legislation. The 3,600 residents, whose economy has transformed into one of the world's wealthiest per capita, now confront their most serious challenge since the 1982 conflict.