Joint Crisis Cabinet: The Suez Crisis
The Suez Crisis, or the Second Arab-Israeli War, was Israel's occupation of Egypt at the end of 1956, followed by the UK and France. The purpose was to reclaim Western control over the Suez Canal and expel Gamal Abdel Nasser, the Egyptian dictator, who had just nationalized the canal.
Political pressure from the United States, the Soviet Union, and the United Nations resulted in the three attackers withdrawing after the war had started. The episode insulted, and reinforced, the United Kingdom and France.
As a result of the war, UNEF Peacekeepers were established to police the Egyptian-Israeli border, British Prime Minister Anthony Eden resigned, Canadian Minister of Foreign Affairs Lester Pearson received the Nobel Peace Prize, and the USSR might have been emboldened to invade Hungary.