Invasion of Kuwait their retreat. In early 1990 Iraq was accusing Kuwait of stealing Iraqi petroleum through slant drilling, although some Iraqi sources indicated Saddam Hussein's decision to attack Kuwait was made a few months before the actual invasion. Some feel there were several reasons for the Iraqi move, including Iraq's inability to pay the more than US$14 billion that it had borrowed to finance the Iran–Iraq War, and Kuwaiti high petroleum production levels which kept revenues down for Iraq. The invasion started on 2 August 1990, and within two days most of the Kuwait Armed Forces were either overrun by the Iraqi
Invasion of Kuwait it. Several foreign firms working in the Rumaila field also dismissed Iraq's slant-drilling claims as a "smokescreen to disguise Iraq's more ambitious intentions". On 25 July 1990, only a few days before the Iraqi invasion, OPEC officials said that Kuwait and the United Arab Emirates had agreed to a proposal to limit daily oil output to 1.5 million barrels, thus potentially settling differences over oil policy between Kuwait and Iraq. At the time of the settlement, more than 100,000 Iraqi troops were deployed along the Iraq–Kuwait border, and American officials expressed little indication of decline in tensions despite the OPEC