Argentine President Javier Milei announced that his government will activate all diplomatic, economic, judicial, and other resources to prevent the exploitation of resources in territory it considers Argentine. ^[1] Argentine President Javier Milei announced on 2026-05-07 that the Malvinas belong to Argentina by history and right, stating there is no discussion on the matter. ^[2] President Javier Milei announced the establishment of a naval base in Tierra del Fuego to support the sovereignty claim. ^[3] President Javier Milei cited the British 'Sea Lion' oil project as a new threat and warned against the exploitation of resources in territory he considers Argentine. ^[4] US President Donald Trump stated in an interview that his government is reviewing its position on the Malvinas, though he did not explicitly promise military aid to the UK. ^[5] Law 26.659 established that Argentine or foreign companies wishing to explore or exploit hydrocarbons in the Argentine continental shelf must have authorization issued by Argentine authorities. ^[6] President Javier Milei addressed the nation via national television regarding the Malvinas archipelago and announced an initiative linked to natural resource exploitation in the archipelago. ^[7] The law prohibits persons or companies, whether Argentine or foreign, from developing hydrocarbon activities in the Argentine continental shelf without a habilitation granted by a competent Argentine authority. ^[8]