Well that was Bagdad Bob's story.
1. Sadam borrowed money from them and then post facto decided that they owed it to him.
2. There was never any proof that I've seen of slant drilling into Iraqi territory.
3. Screwed him with oil prices? The Kuwaitis? By themselves? Right.
Well, I heard it from someone pretty high up in the Middle Eastern food chain.
It’s kinda funny how the Kuwaitis became rich overnight. Remember Sadam took loot and burned their wells.
Sadam “borrowed” the money so he could protect them from Iran. They had agreed to keeep the oil prices where he could make a profit and rebuild his infrastructure after his war. That did not happen.
He took matters into his own hands and the Kuwaitis cried foul.