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Kuwait loaned Iraq billions of dollars in the war against Iran. Iraq couldn't repay them, so Iraq invaded Kuwait on August 2, 1990 in attempt to regain oil fields and become a major oil exporter again to gain more money. The U.S got involved to push them out.
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On August 3,1990 the United Nations calls for Iraq to leave Kuwait
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On August 6, 1990 the United Nations calls for a worldwide ban on trade with Iraq
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On Auguest 8, 1990, Iraq annexes Kuwait
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On November 29, 1990 the United Nations Security Council authorized use of force against Iraq if it did not withdraw from Kuwait
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January 15, 1991 was the date the United Nations Security Council set as the deadline for Iraqi forces to leave Kuwait
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On January 16-17, 1991 the Persian Gulf War begins with a massive US-led air attack (Operation Desert Storm)
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On February 24, 1991 a massive allied ground attack, Operation Desert Sabre, was launched
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By February 27, 1991 Kuwait was retaken and most of Iraq's elite Republican Guard destroyed
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On February 28, 1991, President George Bush declared a cease-fire after Iraqi forces were completely vanquished. The Iraqi government had announced acceptance of the United Nations resolution