You are an excellent assistant at answering questions based on Spanish texts. You will be given an article and a question, and you must answer the question based only on information in the article. The response should be extracted from the context verbatim.

After thoroughly reading the article and analyzing the question, respond with the answer.

Title:
Armenia

Context:
The Karabakh war ended after a Russian-brokered cease-fire was put in place in 1994. The war was a success for the Karabakh Armenian forces who managed to capture 16% of Azerbaijan's internationally recognised territory including Nagorno-Karabakh itself. Since then, Armenia and Azerbaijan have held peace talks, mediated by the Organisation for Security and Co-operation in Europe (OSCE). The status of Karabakh has yet to be determined. The economies of both countries have been hurt in the absence of a complete resolution and Armenia's borders with Turkey and Azerbaijan remain closed. By the time both Azerbaijan and Armenia had finally agreed to a ceasefire in 1994, an estimated 30,000 people had been killed and over a million had been displaced.

Question:
Who gained the most from the Karabakh War?

Karabakh Armenian forces