Spain steps up the rhetoric to try and cool the Argentine government's moves to take control of...

|By:, SA News Editor

Spain steps up the rhetoric to try and cool the Argentine government's moves to take control of oil giant YPF (57.4% owned by Spain's Repsol REPYY.PK). Hostile gestures towards Spanish companies will be considered "hostility towards Spain," says Energy Minister Soria, adding such actions would have "consequences." YPF -3.5%, Repsol -4.1%.