Suez Crisis (oct 29, 1956 – nov 7, 1956)

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The Egyptian Government seized control of the Suez Canal from the British and French owned company that managed it, had important consequences for U.S. relations with both Middle Eastern countries and European allies.

It was a military defeat for Egypt, but Nasser's status grew in the Arab world as the defender of Arab nationalism. Israel withdrew from Egyptian territory gained in the fighting but regained access to the Straits of Tiran, while the United Nations adopted a larger role maintaining a peacekeeping force in the Sinai.

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