As a result of Nasser's nationalization of the Suez Canal in 1956,

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Nasser's nationalization of the Suez Canal angered the British, French, and Israelis who saw it as a threat to their economic interests and regional power. In response, they launched a military invasion of Egypt in late 1956, which was eventually condemned by the United States and the Soviet Union. The conflict, known as the Suez Crisis or the Tripartite Aggression, resulted in a humiliating defeat for the invaders and elevated Nasser's status as a nationalist leader in the Middle East.

As a Result of Nasser's Nationalization of the Suez Canal