U N condemns invasion of Kuwait by Iraq
The United Nations urged immediate and unconditional withdrawal of Iraqi forces from Kuwait. China Iran Australia and Algeria echoed the call while NATO met in Brussels. The United States reviewed all options and Israel warned it would meet any military threat from Iraq.
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London
Iraq
Kuwait
United Nations
China
Iran
Australia
Algeria
NATO
Brussels
United States
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Congress backs sanctions against Iraq many lawmakers urge action
Congress moved rapidly to back President Bushs economic sanctions against Iraq and consider military action with allies in the Middle East. Lawmakers say the public will support a total cutoff of economic ties even if fuel prices rise briefly, fearing Saddam Hussein could gain long term influence in Persian Gulf cities. Democrats praise the embargo but question why it was not imposed sooner.
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Washington
Congress
Bush
Iraq
U.S
Middle East
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Reagan
Saddam Hussein
Kuwait
Moscow ends arms sales to Iraq amid invasion uproar
The Kremlin suspended arms sales to Iraq and U S Baker III will join Eduard Shevardnadze in Moscow to condemn Iraq's invasion of Kuwait. Tass reports the halt, noting Iraq relies on Soviet weapons including most tanks and warplanes. Iraq also operates about 100 French Mirage jets.
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Moscow
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Iraq
James A. Baker III
Eduard Shevardnadze
Kuwait
Soviet Union
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Kuwait envoy pleads for aid as Iraq defends invasion
Kuwait ambassador Saud Nasser Al-Sabah urged outside help in a ornate embassy chamber while the Iraqi envoy defended the invasion. The State Department said eight Texaco oil workers in Kuwait were missing or captured by Iraqi forces amid the crisis. Japan expressed strong concern, warning Iraq to withdraw and noting its oil dependency and market impact. Kuwait and Iraq together supply about 11.2 percent of Japan's oil.
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Apan
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Iraq oil power shift signals new world balance
Washington notes that Kuwait and other oil producers may be affected by the Iraqi invasion of its neighbor. Analysts say the conflict could accelerate a shift in global oil power, though impact on Kuwait’s output remains unclear.
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Washington
Kuwait
Ce Cee
Ennai
Persian Gulf
OPEC members pressured as Iraq Kuwait border dispute sparks price rise
In Geneva Hance warned oil markets about Iraq and Kuwait clashing over a fertile oil area, with Kuwait and Saudi Arabia seen as wary. Futures for West Texas Intermediate jumped to 23.11 a barrel as a prolonged conflict could push prices higher for months. Midland engineer Ernest Angelo Jr. echoed concerns that U S energy dependence rests on a volatile Middle East.
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Iraq
Kuwait
Hance
Market fears oil shock from Middle East conflict on rise
US markets fear oil supply disruption as Iraq invades Kuwait fueling talk of possible US action. OPEC members Iraq and Kuwait account for over 20 percent of output, with producers like PBPA urging caution amid frenzied futures while analysts warn of higher prices and tax impacts if shipments are disrupted. Local appraisers monitor the turmoil as price hypotheses shift toward 1991 levels.
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The
Coun
World reacts to Iraqi coup and invasion
Diplomats condemn the coup led by Saddam Hussein as Washington freezes Iraqi assets and halts most imports including oil. Bush warns of responsibilities if Americans in Kuwait are harmed while 3,000 U.S. nationals are in Kuwait and Saudi forces move into position. A palace attack on Salmiya is described as a barbaric invasion by an emirate ruler.
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Soviet Union
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Global sanctions tighten over Iraq invasion of Kuwait
Governments move to punish Iraq and protect Kuwaiti wealth abroad. Steps include freezing Iraqi assets and protecting Kuwaiti assets such as 10 percent stakes in British Petroleum and Midland Bank. Measures also halt most imports from Iraq, suspend arms deliveries, and ban American travel to Iraq while the Soviet Union suspends arms shipments.
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Iraq
Kuwait
British Petroleum and Midland Bank
Kuwait Oil workers in suspense amid Iraq invasion
Mrs. Cole, wife of an OGE Drilling employee in Kuwait, describes delays and failed telex contact as Iraq’s invasion unfolds. She recalls past separations during Libya, Iran, Malta, Nigeria and Libya revolutions, stressing patience and caution while diplomats urge Americans to stay put until stability returns.
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OGE Drilling Inc
Cole
OGE
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Abu Halifah
U.S
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Persian Gulf
Hussein
Mrs. Cole
Gulf
United States
Bush conferred with Thatcher on Gulf crisis in Colorado
President Bush and Prime Minister Thatcher discussed the Kuwait crisis during Thatcher's vacation in Colorado. Thatcher urged United Nations action over Saddam Hussein, while Bush described reviewing options and months of talks with Arab leaders. Bush pledged to defend vital Gulf interests and imposed a freeze on Iraqi and Kuwaiti assets in the U S to keep assets from Iraqi control.
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Kuwait
Washington
United States
Persian Gulf
Saud Nasser A-Sabah
U.S
Tay Weyers
Iraq
Treasury
Bush to unveil 25 percent military cut plan at Aspen
President Bush seeks a 25 percent reduction in U S armed forces by end of 1995 amid a shrinking Soviet threat and budget pressures. House committee proposed cutting 24 billion from a 307 billion proposal, shelving the B 2 bomber and Star Wars program while targeting 442,000 active personnel. Bush planned talks with Margaret Thatcher before the Aspen address.
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