History of the Labour Party (UK) all means of production in the British economy, and Britain's entry into the European Economic Community (EEC). Tensions between the two opposing sides were exacerbated after Attlee resigned as leader in 1955 and Gaitskell defeated Bevan in the leadership election that followed. The party was briefly revived and unified during the Suez Crisis of 1956. The Conservative party was badly damaged by the incident while Labour was rejuvenated by its opposition to the policy of prime minister Anthony Eden. But Eden was replaced by Harold Macmillan, while the economy continued to improve. In the 1959 election the Conservatives fought under
Suez Crisis to prefer to use the sea route through the Suez Canal. As it was, the rise of super-tankers for shipping Middle East oil to Europe, which were too big to use the Suez Canal meant that British policy-makers greatly overestimated the importance of the canal. By 2000, only 8 percent of the imported oil in Britain arrived via the Suez canal with the rest coming via the Cape route. In August 1956 the Royal Institute of International Affairs published a report titled "Britain and the Suez Canal" revealing government perception of the Suez area. It reiterates several times the strategic