US appeals court grants Argentina request to put YPF share turnover on hold

Court Ruling on Argentina's YPF Stake: A U.S. appeals court has temporarily halted a judge's order requiring Argentina to relinquish its 51% stake in oil company YPF to satisfy a $16.1 billion judgment from investors Petersen Energia Inversora and Eton Park Capital Management.

Argentina's Economic Concerns: Argentina argues that surrendering its stake in YPF could cause irreparable harm and destabilize its economy, while the government remains optimistic about overturning the judgment in the appeal process.