Military Aftermath
On 21 August, the Croatian Army reported that 174 Croatian soldiers had been killed in the offensive and 1,430 wounded while 700 Croatian Serb soldiers were killed.
Although after Operation Flash it has become clear that the Krajina army was less capable than the Croatian Army, its lack of serious resistance came as a surprise. The Croatian Army had reportedly expected at least a week's fighting. However, other than the fighting around Glina, the rebel Serb military response proved little more than symbolic in most places. The VSK largely collapsed, many of its soldiers deserting and joining the civilian exodus and others carrying their weapons into Bosnia. Around 5,000 were said to have surrendered and handed in their weapons to Croatian and UN forces.
Operation Storm did not target the Serb-occupied areas of eastern Slavonia, along the border with Serbia, which was the easternmost end of the self-proclaimed Republic of Serbian Krajina (though geographically disconnected from the other Serb-held areas of Croatia). Although there were fears of a direct military confrontation between Croatia and Serbia in eastern Slavonia, large-scale armed conflict was not resumed in that region.
In the days immediately following Operation Storm, Croatian Army and Ministry of the Interior (MUP) units conducted a series of follow-up operations in the Krajina region. The majority of the Croatian Army forces withdrew from the area in August 1995. After the operation, joint Croatian and Bosnian forces would continue the offensive in western Bosnia, advancing towards the Bosnian Serb capital of Banja Luka.
Operation Storm lifted the siege of Bihać. Bosnian general Atif Dudaković (commander of the Bihać 5th Corps) said that Operation Storm was an answer to the Split agreement signed by presidents Tuđman and Izetbegović that pledged aid to the besieged pocket.
Neither Serbian President Slobodan Milošević nor the Serb-dominated Yugoslav Army came to the aid of the Krajina Serbs during the offensive. Although Milošević condemned the Croatian military assault, the Serbian government-controlled press also attacked the Krajina Serb leaders, claiming they were unfit to hold office.
Operation Storm was seen as a total reversal of the military balance of power in the region. Along with NATO's bombing campaign in Bosnia (Operation Deliberate Force), Operation Storm and its follow-up offensives in western Bosnia were seen as vital contributing factors to peace talks resuming, that would result with the Dayton Agreement a few months later.
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