What caused the Suez Crisis of 1956?
The Suez Crisis of 1956 was primarily precipitated by the decision of the United States and Britain to withdraw promised funding for Egypt’s Aswan High Dam project. This decision was a response to Egyptian President Gamal Abdel Nasser’s growing political and military ties with the Soviet Union and communist Czechoslovakia.123
In retaliation, Nasser nationalized the Suez Canal on July 26, 1956, intending to use tolls from the waterway to finance the dam. This action alarmed Britain and France, who feared their access to petroleum shipments would be compromised.14
Simultaneously, Israel faced heightened tensions due to Egyptian-supported commando raids and the blockade of the Straits of Tiran, which restricted access to the port of Eilat. These converging interests led Britain, France, and Israel to form a secret alliance to regain control of the canal and challenge Nasser’s regional influence through military intervention.153