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Wagner sets off ‘Arms Race’ Amid Ukraine War as Russian Energy Giant Gazprom Aims Private Army

Wagner sets off ‘Arms Race’ Amid Ukraine War as Russian Energy Giant Gazprom Aims Private Army
Wagner Sets Off 'Arms Race'  Amid Ukraine War As Russian Energy Giant Gazprom Aims Private Army

Ukraine War

A Russian company, Gazprom, is said to be forming its own private army, taking inspiration from the Wagner Group in Ukraine. Recently, the Prigozhin-led Wagner group has engaged in conflicts with Russia’s military. Gazprom’s move is backed by a Russian law on “fuel and energy complex security” which grants Gazprom the authority to establish a private security firm. According to the Ukrainian Defense Ministry, the law requires entities to hold at least a 50% stake in the newly formed private military company.

Credit CRUX

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