History does not repeat itself, but it often rhymes. The Falkland Islands are on the verge of becoming a geopolitical flashpoint once again, echoing the tensions of the early 1980s. The catalyst this time is not an invading army but oil. Following the discovery of the Sea Lion offshore oil field in 2010 and the long-awaited Final Investment Decision at the end of 2025, the project is set to become the largest offshore oil development in the South Atlantic outside Brazil. For