Suez Crisis
international crisis, Middle East [1956]
Suez Crisis, (1956), international crisis in the Middle East, precipitated on July 26, 1956, when the Egyptian president, Gamal Abdel Nasser, nationalized the Suez Canal. The canal had been owned by the Suez Canal Company, which was controlled by French and British interests. The Suez Crisis was provoked by an American and British decision not to finance Egypt’s construction of the Aswan High Dam, as they had promised, in response to Egypt’s growing ties with...