oct 12, 1956 - Allies stage joint attack on Egypt w/o US (Oct 1956)

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President Gamal Abdel Nasser (Egypt) want bigger dam on Nile; Considers help from Soviets despite US/Brit offering → Dulles withdrew dam offer; Nassar nationalizes Suez canal owned by Brit/French stockholders → hurt W. Euro oil supply;

Allies w/o US stages joint assault on Egypt (October 1956), Coordinating with Israel; Allies think that they can use US oil during assault, Eisenhower = mad, didn't release emergency supplies; Allies withdraw troops, UN police force sent to maintain order;

last time US could use oil as weapon, Middle E grew in importance of exporting g oil

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