1990 oil price shock and prices began to fall. On August 2, 1990, The Republic of Iraq invaded the State of Kuwait, leading to a 7-month occupation of Kuwait and an eventual U.S.-led military intervention. While Iraq officially claimed Kuwait was stealing its oil via slant drilling, its true motives were more complicated and less clear. At the time of the invasion, Iraq owed Kuwait $14 billion of outstanding debt that Kuwait had loaned it during the 1980–1988 Iran–Iraq War. In addition, Iraq felt Kuwait was overproducing oil, lowering prices and hurting Iraqi oil profits in a time of financial stress. In the buildup
History of Kuwait Al-Jahra, defended by 2000 Kuwaiti men. The Kuwaitis were largely outnumbered by the Ikhwan of Najd. In response to Bedouin raids, the British High Commissioner in Baghdad, Percy Cox, imposed the Uqair Protocol of 1922 which defined the boundaries between Iraq, Kuwait and Nejd. In April 1923, Shaikh Ahmad al-Sabah wrote the British Political Agent in Kuwait, Major John More, "I still do not know what the border between Iraq and Kuwait is, I shall be glad if you will kindly give me this information." More, upon learning that al-Sabah claimed the outer green line of the Anglo-Ottoman Convention (4