Wagner Sets Off ’Arms Race’ Amid Ukraine War As Russian Energy Giant Gazprom Aims Private Army

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. #Gazprom #PrivateMilitaryForce #WagnerGroup #Ukraine #Prigozhin #WorldNews 0:00 - INTRODUCTION 0:59 - GAZPROM CITES RUSSIAN LAW TO ESTABLISH NEW FIRM 1:56 - HOW WAGNER SET PRECEDENCE FOR PRIVATE MILITARY AGENCY n18oc_world n18oc_crux CRUX is your daily video news guide to the big events that are shaping our world. We track news, geopolitics, diplomacy and defence strategies and explain how they shape national policies. Crux makes sense of global develo