Suez 1956, just a few days after the fourth anniversary of the Egyptian Revolution of 1952, the Egyptian government under President Gamal Abdel Nasser nationalised the Suez Canal Company, which had been run by the French and owned privately, with the British as the largest shareholders. The Israeli–British–French invasion of Egypt which followed is known in Egypt as the Tripartite Aggression but elsewhere as the Suez Crisis. Following Israel's invasion and occupation of Egypt's Sinai Peninsula in the Six-Day War of 1967, the Canal was closed, and did not reopen until 1975. Today, the Canal is a vital link in world
Suez Crisis a political point of view, resulting in international criticism and diplomatic pressure. Along with the Suez crisis, the United States was also dealing with the near-simultaneous Hungarian revolution. Vice President Richard Nixon later explained: "We couldn't on one hand, complain about the Soviets intervening in Hungary and, on the other hand, approve of the British and the French picking that particular time to intervene against Nasser". Beyond that, it was Eisenhower's belief that if the United States were seen to acquiesce in the attack on Egypt, that the resulting backlash in the Arab world might win the Arabs over to