British Oil Dispute With Argentina Escalates -- The Telegraph
A row between Britain and Argentina over oil exploration off the Falkland Islands is threatening to escalate into a major diplomatic row after a ship carrying drilling equipment was blocked from leaving an Argentine port.
Argentina's government claimed the ship, the Thor Leader, was loaded with pipes bound for the Falklands and accused Britain of "illegally promoting" drilling operations.
Geologists estimate there are up to 60 billions of barrels of oil in the seabed near the Falklands and a British company, Desire Petroleum, is due to begin drilling 100 miles north of the islands before the end of the month.
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More News On Britain - Argentina And The Falklands
British drilling for Falklands oil threatens Argentine relations -- Times Online
Falklands oil prospects raise Argentina-Britain tensions -- Yahoo News/AFP
Ship cargo halted in Falklands oil dispute -- Financial Times
Argentina Detains Vessel, Stirring Feud Over Falkland Islands -- Wall Street Journal
My Comment: I doubt that Argentina will do a repeat and re-invade the Falklands. But if significant oil deposits are found .... expect tensions and animosities between the two countries to explode.
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