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
Kuwait national football team the 1982 World Cup finals in Spain. Iraq matched that in Mexico 1986. As Iraq and Kuwait traded Gulf titles in 1988 and 1990, few could have imagined that their rivalry on the football field would be replaced by an altogether more catastrophic one on the battlefield. Because of the Gulf war, football would never be the same again. Iraq and Kuwait were in complete avoidance and never met for more than a decade. Kuwait's Blues had a relative recovery of sorts, winning the Gulf Cup in 1996 and 1998, before securing their record 10th title in 2010. Iraqi football,