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Washington Sides With Buenos Aires in $16 Billion YPF Battle Over Control of Oil Giant

Summary by The Rio Times
The US Department of Justice has stepped in to support Argentina in its ongoing legal struggle with international investment funds over YPF, the country’s largest oil company. This legal fight started when Argentina took control of YPF in 2012 by buying a 51 percent stake from Spanish company Repsol. While Repsol received about $5 billion […]

18 Articles

Lean Left

Joe Biden had already done it and now Donald Trump will do it. The United States Government announced, through the Department of Justice, that it will present to the New York Court of Appeals a brief in defense of Argentina’s position in the YPF case. The intention is to warn of the legal risks that the Rosada House assumes to comply with the delivery of 51% of the actions it holds in the oil company to the plaintiffs for the nationalization of …

·Spain
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Like Joe Biden, U.S. President Donald Trump argues that the ruling complicates foreign policy because it affects the sovereignty of another nation.

·Buenos Aires, Argentina
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The Office of the Procurator of the National Treasury undergoes a profound internal restructuring following the suspicion of leaks of sensitive information related to the international dispute over the expropriation of YPF. The body that legally advises the executive branch and the main officials of the National Public Administration is implementing a strong staff cut and the dissolution of key areas, amid versions that link the measures with po…

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The U.S. government will once again present itself as 'amicus curiae' in the case for the expropriation of YPF to support Argentina before the New York Court of Appeals. According to analyst Gonzalo Fiore Viani, the gesture reveals that the White House "priorizes its institutional relationship with the Argentine government rather than with vulture funds."

As a result of an investigation initiated months ago, the Government of Javier Milei has already expelled 60 officials from the strategic Procuratorship of the Treasury of the Nation, the lawyers of the State in disputes as delicate as the one aired in New York for the expropriation of YPF. According to Noticias Argentinas, the case began when from the Procuración began to realize that part of the legal strategies that analyzed the Republic appe…

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SOMOS JUJUY broke the news in on Wednesday, July 16, 2025.
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