Invasion of Kuwait Invasion of Kuwait The Invasion of Kuwait on 2 August 1990 was a two-day operation conducted by Iraq against the neighboring state of Kuwait, which resulted in the seven-month-long Iraqi occupation of the country. This invasion and Iraq's subsequent refusal to withdraw from Kuwait by a deadline mandated by the United Nations led to military intervention by a United Nations-authorized coalition of forces led by the United States. These events came to be known as the first Gulf War and resulted in the expulsion of Iraqi forces from Kuwait and the Iraqis setting 600 Kuwaiti oil wells on fire during
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