Falklands and Oil

There have been a few recent new items relating to the Falklands/Malvinas territorial conflict. The British have resumed oil exploration to the dismay of Argentina.

"But potential revenues from oil and gas have reignited a long-running dispute between London and Buenos Aires over ownership of the Falklands.

Argentina has always claimed sovereignty over the islands and invaded them in 1982, prompting a war in which more than 600 Argentinean and 255 British military personnel died."

Update (3/2/2010): Argentina asks the US to mediate the dispute. Clinton supports resolution but not direct mediation led by the US.