Argentinian President Javier Milei
Argentina’s new president promises energy shake-up
Self-described 'anarcho-capitalist’ vows economic transformation including privatising state energy firm YPF
Argentina’s chainsaw-wielding new president Javier Milei is the country’s first democratically elected leader in more than a century to not come from, or be backed by, one of the two major political parties and now faces the daunting task of overhauling Argentina’s floundering economy. The libertarian economist has little previous governing experience but has promised major reforms, including slashing public spending and privatising state-run oil company YPF. Inflation in Argentina has topped 140% this year as the incumbent government struggled to prevent the country sliding precariously towards hyperinflation. “Milei represents a jump into the unknown and espouses some radical ideas that a
Also in this section
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally
