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The Suez Crisis, a Critical Moment in a European Empire
The prelude to the suez crisis, is that the egyptian and president president nasa nationalizes the company that controls the suez canal. And at that point, about 70 % of the oil that western europe used comes up through sues canal into the mediterranean. The american pres dwiht eisenhauer is absolutely horrified. He doesn't want a projection of european imperial power. So he uses american financial power to basically cripple the british position and to make the brits stop. Once the britishes have stopped, the french and disraelis have to stop too. That is the beginning of the the west euro