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These statements may have caused Saddam to believe he had received a diplomatic green light from the United States to invade Kuwait. [33] Saddam and Glaspie later disputed what was said in this meeting. Saddam published a transcript but Glaspie disputed its accuracy before the Senate Foreign Relations Committee in March 1991. [34]
The 1990 oil price shock occurred in response to the Iraqi invasion of Kuwait on August 2, 1990, [1] Saddam Hussein's second invasion of a fellow OPEC member. Lasting only nine months, the price spike was less extreme and of shorter duration than the previous oil crises of 1973–1974 and 1979–1980, but the spike still contributed to the recession of the early 1990s in the United States. [2]
22 February: U.S. President George H. W. Bush issues a 24-hour ultimatum: Iraq must withdraw from Kuwait to avoid starting a ground war. 24 February: U.S.-led Coalition forces invade Iraq and Kuwait at around 4 a.m. Baghdad time. Special Air Service was the first to enter Iraqi territory. 25 February: 20,000 Iraqi troops surrender to the coalition.
President Mubarak of Egypt was furious with Saddam for his invasion of Kuwait, and for the fact that Saddam had assured Mubarak that an invasion was not his intention. Egypt received approximately $7 billion in debt forgiveness for its providing of support and troops for the US-led intervention.
United Nations troops move into Kuwait City. Saddam Hussein orders troops out of Kuwait. Iraqi soldiers ignite Kuwaiti oil fields during their retreat. [2] March 1: News that Kuwait will need to import crude in the short term. [citation needed] March 12: OPEC announces production cut to 22.3 Mbbl/d (3,550,000 m 3 /d). [citation needed]
She also said that Saddam had lied to her by denying he would invade Kuwait. Asked to explain how Saddam could have interpreted her comments as implying U.S. approval for the invasion of Kuwait, she replied: "We foolishly did not realize he [Saddam] was stupid." In July 1991 State Department spokesperson Richard Boucher said at a press briefing ...
On 2 August 1990, the Iraqi Army invaded and occupied the neighboring state of Kuwait. [5] The invasion, which followed the inconclusive Iran–Iraq War and three decades of political conflict with Kuwait, offered Saddam Hussein the opportunity to distract political dissent at home and add Kuwait's oil resources to Iraq's own, a boon in a time of declining petroleum prices.
The Gulf War began on the 2 August 1990, when Iraq invaded Kuwait. The war was fought between the international coalition led by the United States of America against Iraq. Saddam Hussein 's rationale behind the invasion is disputed and largely unknown.