National
Falklands poised for oil windfall, but Argentina vows to block extraction
By headtopics.com|
1 min read
The Falkland Islands are set to cash in £4 billion from oil reserves within their exclusive economic zone, but Argentina's claim to the territory has led to a confrontation. The Argentine government has imposed sanctions against the companies involved and vowed to block the extraction, while the Falklands prepare for economic prosperity.