Prigozhin Denies Reports that Wagner Is Leaving Ukraine

Wagner group founder Yevgeny Prigozhin has denied Bloomberg’s earlier report suggesting that the Russian mercenary group is tired of losing in Ukraine and is setting its sights more closely on Africa where it has deepening influence.

Prigozhin, a close ally of Russian President Vladimir Putin, said in a post on Telegram that he does not know what Bloomberg is reporting about.

“Apparently, they know better than myself what we will do further,” the Wagner leader wrote. “As long as we are needed by our nation, we will fight on the territory of Ukraine.”

Bloomberg, citing people familiar with the matter, said that Prigozhin is scaling back Wagner’s Ukraine operations after Russian military chiefs cut key supplies of munitions and manpower. A top Russian military official reportedly interfered to divert Wagner’s prison recruitment scheme to the Defense Ministry, effectively cutting off Prigozhin’s main source of recruits.

The cuts came as Prigozhin continued to draw criticism from senior military officials as Bakhmut, Wagner’s main target in Ukraine, remains elusive after months of attempts and heavy casualties. Prigozhin publicly criticized Russia’s Ministry of Defense (MoD) and blamed military chiefs for his group’s failures in Bakhmut.

Earlier in March, Col. Serhiy Cherevaty, a spokesman for Ukraine’s eastern group of forces called Bakhmut Wagner’s “last stand.” Ukrainian officials said that 30,000 of Wagner’s 50,000 men have either deserted, or were killed or wounded mostly around the Bakhmut in what would be the longest battle of Russia’s war in Ukraine.

A recent update from the Institute for the Study of War says that the Wagner leader has “softened his rhetoric” towards the MoD. Prigozhin expressed concerns over a possible Ukrainian counteroffensive at the eastern border, and warned the Russian military and media to “stop underestimating Ukrainian forces and engaging internal conflicts.”

While Prigozhin denies scaling down operations in Ukraine, he has recently called more attention to Wagner’s operations in the African region, even taunting US Secretary of State Antony Blinken in a letter that was also posted on Telegram.


Information for this briefing was found via Radio Liberty, Bloomberg, the New York Times, Reuters, ISW, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why the Market May Be Misreading Iran | David Woo

Why US Fertilizer Supply Could Matter a Lot More Now | Pat Varas – Sage Potash

Roscan Gold: Mali Discount Hits Kandiole PEA

Recommended

Antimony Resources Begins Technical Studies For Permitting Bald Hill Antimony Project

First Majestic Aims To Restart Production At Jerritt Canyon In H2 2027

Related News

EU Bans Russian Gas by 2027, Yet Will Send Moscow €35-40 Billion Before Deadline

European Union negotiators struck a legally binding deal early Wednesday to halt all Russian gas...

Thursday, December 4, 2025, 12:04:00 PM

Quebec Bans Oil and Gas Exploration

Quebec just became the first region in the world to ban oil and gas exploration...

Thursday, April 14, 2022, 04:27:00 PM

More Market Turmoil: Moscow Vows to Slash Crude Output in Retaliation to Western Sanctions

Russia announced that it will voluntarily cut crude production by 500,000 barrels per day starting...

Friday, February 10, 2023, 02:14:00 PM

Russians Ditch Ruble for Stablecoins as Sanctions Cripple Russia’s Currency

Russian citizens have been increasingly flocking to stablecoins in lieu of the ruble, as tough...

Monday, February 28, 2022, 05:10:00 PM

Another Putin Ally Falls From A Window

Vladimir Egorov, a Tobolsk City Duma Deputy affiliated with Russian President Vladimir Putin’s United Russia...

Friday, December 29, 2023, 03:01:00 PM