Argentina’s President Javier Milei has escalated his country’s claim over the Falkland Islands, a British overseas territory, warning he will place economic pressure by sanctioning oil companies with operations in the area.

The Falkland Islands are “Argentine, by history and by right, there is no debate about it,” he said in a nationally televised address Thursday evening.

Milei argued the “winds of change blowing around the world” are favorable to Argentina’s long-claimed sovereignty over the South Atlantic archipelago, citing remarks made by his ally, U.S. President Donald Trump, who recently suggested the U.S. would be reviewing its…

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