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Following Milei's announcement, shares of Rockhopper and Navitas, the oil companies involved in the Falklands project, fall

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Argentine President Javier Milei announced via national broadcast that the government will increase sanctions against oil companies operating in the Malvinas Islands. The measures include prohibiting these firms from conducting operations within Argentine territory. Following this announcement, the stock values of Rockhopper and Navitas, the primary companies involved in the regional project, experienced a decline.

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Infobae (Buenos Aires, Argentina) (AR) Focuses on market volatility following government regulatory threats
Read the full story at the source Infobae (Buenos Aires, Argentina) · AR
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