ARGENTINA-BUENOS AIRES-YPF-U.S.-RULING-APPEAL

Xinhua
01 Jul 2025, 12:45 GMT+10

(250701) -- BUENOS AIRES, July 1, 2025 (Xinhua) -- This photo taken on June 30, 2025 shows a YPF logo in Buenos Aires, Argentina. Argentina will appeal the ruling of a court in New York that ordered the South American country to transfer 51 percent of the shares of the national oil and gas company YPF, said President Javier Milei Monday.

The U.S. district judge agreed earlier Monday to the request of the plaintiffs to seize YPF shares, after a 2023 ruling that ordered cash-strapped Argentina to pay them about 16.1 billion U.S. dollars. (Photo by Martin Zabala/Xinhua)

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