Suez Crisis led to a withdrawal. U.S. President Dwight D. Eisenhower had strongly warned Britain not to invade; he threatened serious damage to the British financial system by selling the US government's pound sterling bonds. Historians conclude the crisis "signified the end of Great Britain's role as one of the world's major powers". The Suez Canal was closed from October 1956 until March 1957. Israel fulfilled some of its objectives, such as attaining freedom of navigation through the Straits of Tiran, which Egypt had blocked to Israeli shipping since 1950. As a result of the conflict, the United Nations created the UNEF
Suez Crisis in the Near East, did not mark its end. Britain intervened successfully in Jordan to put down riots that threatened the rule of King Hussein in 1958 and in 1961 deployed troops to Kuwait to successfully deter an Iraqi invasion; the latter deployment had been a response to the threats of the Iraqi dictator General Abd al-Karim Qasim that he would invade and annex Kuwait. However, at the same time, though British influence continued in the Middle East, Suez was a blow to British prestige in the Near East from which the country never recovered. Increasingly, British foreign policy thinking