USA HISTORY

Detailed explanation-1: -The Suez Crisis was an international crisis in the Middle East that was precipitated on July 26, 1956, when the Egyptian president, Gamal Abdel Nasser, nationalized the Suez Canal. The canal was owned by the Suez Canal Company, which was controlled by French and British interests.

Detailed explanation-2: -The 1956 Suez Crisis, when Britain along with France and Israel invaded Egypt to recover control of the Suez Canal, was arguably one of the most significant episodes in post-1945 British history. Its outcome highlighted Britain’s declining status and confirmed it as a ‘second tier’ world power.

Detailed explanation-3: -On July 26, 1956, Egyptian President Gamal Abdel Nasser announced the nationalization of the Suez Canal Company, the joint British-French enterprise which had owned and operated the Suez Canal since its construction in 1869.

Detailed explanation-4: -After World War II, Egypt pressed for evacuation of British troops from the Suez Canal Zone, and in July 1956 President Nasser nationalized the canal, hoping to charge tolls that would pay for construction of a massive dam on the Nile River.