The U.S condemned Britain and France over the control of the Suez canal. Britain and France initially owned it, but due to its location, the Egyptian prince wanted it. In 1956, the Suez Crisis saw the Egyptian government seize control of the Suez Canal from the British and French companies that owned it. This had critical consequences towards the relationship of the U.S and both the Middle Eastern countries, and it's European allies. The crisis challenged the ties with its cold war allies, France and Britain and threatened the regional stability. The canal offered western countries to access the oil in Middle Eastern nations, but the crisis threatened a cut off of oil supply to European countries.