![]() |
|
![]() |
|
![]() |
![]() |
![]() |
July 26, 1956: Egypt nationalizes the Suez Canal.
Most likely in response to the U.S. decision to revoke its foreign aid pledge to help build the Aswan High Dam project, Nasser decides to nationalize the Suez Canal. Its toll revenues provide a significant source of needed income. This angers Britain and France, the former owners of the canal.
| ![]() |