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 Iraq clear that it was only Iraq that was using chemical weapons, so it has been said that "the international community remained silent as Iraq used weapons of mass destruction against Iranian as well as Iraqi Kurds" and it is believed. A long-standing territorial dispute was the ostensible reason for Iraq's invasion of Kuwait in 1990. In November 1990, the UN Security Council adopted Resolution 678, permitting member states to use all necessary means, authorizing military action against the Iraqi forces occupying Kuwait and demanded a complete withdrawal by January 15, 1991. When Saddam Hussein failed to comply with this demand,