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Russian President Vladimir Putin is trying to present Wagner Group financier Yevgeny Prigozhin as corrupt and a liar to destroy his reputation among Wagner personnel and within Russian society. Putin implied on June 27 that “the owner of Concord company” (the Concord company is the parent company of Prigozhin’s catering company) lied about the Wagner Group private military company’s (PMC) independence from the Kremlin and the lack of state compensation for Wagner personnel. Putin publicly claimed for the first time since Wagner’s founding that the Kremlin “fully funds” and “fully supplies” the Wagner PMC and claimed that the Kremlin made various payments to Wagner personnel and their families from Russia’s federal budget. Putin added that “the owner of the Concord Company” received 80 billion rubles (about $936 million) between May 2022 and May 2023 for delivering and catering food to the Russian military, and that the Kremlin will investigate whether the company stole anything during its work for the Kremlin. Putin was clearly referring to Prigozhin, who is the owner of the Concord Company Group and previously worked as Putin’s personal caterer, but Putin continues to refuse to say Prigozhin’s name. Putin’s insinuation that the Kremlin will investigate the Concord Company may be preparation to justify the Kremlin’s confiscation of Prigozhin’s assets via corruption charges.

Russian President Vladimir Putin gave a speech on June 26 seeking to persuade as many Wagner fighters and leaders as possible to join the Russian military and continue fighting against Ukraine and to cause individuals most loyal to Wagner Group financier Yevgeny Prigozhin to self-identify. Putin continued to denounce the organizers of the armed rebellion as traitors. Putin thanked Russian society and the Russian security forces for defending Russia’s sovereignty and expressed gratitude to Belarusian President Alexander Lukashenko for brokering negotiations with the perpetrators of the rebellion. Putin did not name Prigozhin specifically, but Putin’s speech leaves little room for any rapprochement with Prigozhin.

Russian sources speculated on the specifics of the deal mediated by Belarusian dictator Alexander Lukashenko to end the Wagner Group’s June 23-24 armed rebellion, including the possible involvement of Russian President Vladimir Putin’s chief of staff. Russian opposition outlet Meduza, citing unnamed internal Kremlin sources, reported that Prigozhin initially tried to get in touch with the Russian Presidential Administration midday June 24 as Wagner fighters moved north from Rostov-on-Don towards Moscow, but that Putin refused to speak with Prigozhin. Meduza noted that, once Prigozhin observed the lack of widespread military support for Wagner’s actions and changed his mind on Wagner’s prospects, the Kremlin turned to negotiations involving Lukashenko, Chief of Staff of the Russian Presidential Office Anton Vaino, and Russian Ambassador to Belarus Boris Gryzlov. Vaino and Gryzlov’s possible involvement was not reported on June 24. A prominent Kremlin-affiliated milblogger also questioned whether the deal will hold Wagner or Prigozhin accountable in any way for the deaths of at least 13 Russian airman on June 24. Prigozhin’s whereabouts cannot be verified beyond his departure from Rostov-on-Don late on June 24. Russian outlet RTVI claimed that Prigozhin’s press service told RTVI that Prigozhin “sends his regards” and will answer all questions “when he is on normal communication,” and a prominent Wagner-affiliated Telegram channel shared an AI-generated image of Prigozhin holding a finger to his lips and stating “plans love silence,” a copy of the phrase commonly used in Ukraine about operational security. As ISW noted on June 24, the specifics of the deal are still unclear in the open source beyond speculation and rumor. The fallout of Wagner’s armed rebellion has not yet concluded, and it remains to be seen how the deal will be implemented, if all involved parties will comply fully, how the Kremlin and Russian Ministry of Defense (MoD) intend to do with Wagner personnel - and if Wagner fighters will cooperate, regardless of Prigozhin’s wishes.

The 20th round of Astana talks, which aim to end the Syria conflict, concluded in Astana, Kazakhstan on June 21 without an agreement. Iran and Syria messaged ahead of the forum that their positions are aligned for quadripartite talks, possibly signaling that Iran will back the Assad regime’s demand for Turkey’s complete withdrawal from Syria as a precondition for future Astana talks.

The Iranian rial has appreciated approximately ten percent since May 1, likely in part due to the Raisi administration’s economic diplomacy efforts. The Raisi administration’s economic diplomacy combined with ongoing nuclear talks may have generated confidence in the future of the Iranian economy, consequently increasing the value of the rial.