Liberation Tower (Kuwait) from Iraq. Liberation Tower (Kuwait) The Liberation Tower is a 372-meter-high telecommunications tower in Kuwait City, Kuwait, the second-tallest structure in the country and the 39th tallest building in the world. Originally intended to be named The Kuwait Telecommunications Tower, construction of the tower commenced before the Iraqi invasion of Kuwait on August 2, 1990. When the invasion took place, construction, which was almost half-way complete, was put on hold. However, the structure received no damage, and construction resumed after Iraqi forces were expelled on February 27, 1991. Upon completion in 1993, the tower was renamed the Liberation Tower, symbolizing
Ba'athist Iraq the market with their oil. The result was that international oil prices were still at the 1970s level. In October 1988, because of Kuwait and the UAE, international oil prices had fallen to US$12 per barrel. The policy which the UAE (and especially Kuwait) followed hampered Iraq's economic growth. In the Iran–Iraq War's aftermath, Iraq had grown more dependent on oil prices. The result of Kuwait and the UAE's oil policies could be felt in 1990, when international oil prices decreased to US$13.67 per barrel. This time, the sudden fall in oil prices triggered reactions in Iraq; in "Al-Thawra", the