Word: canals
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...southernmost tip of the Sinai. Over a three year period, Israel will remove its military forces and settlers from all of the Sinai. Most of the area will be demilitarized; Egypt can station only a single division on the peninsula and only within 31 miles of the Suez Canal and Gulf of Suez. The U.N. will station troops along the Gulf of Aqaba and the eastern border of the Sinai. Within a nearly two-mile-wide strip on the other side of the line, Israeli forces will be limited to four battalions. The two airfields that Israel built...
Egyptian-Israeli Relations. One month after the Israeli forces have moved behind the El Arish-Ras Muhammad line, both countries will exchange ambassadors and establish normal diplomatic relations. Egypt will end its economic boycott of Israel and grant Israeli ships and cargoes the right of passage through the Suez Canal. Israel will be permitted to buy oil from the Sinai fields that will be returned to Egypt. If Israel runs short of oil during the next 15 years, the U.S. has promised to make up the difference. Egypt and Israel will open their borders to each other's citizens...
July 26, 1956. Under the leadership of Gamal Abdel Nasser, Egypt nationalizes the Suez Canal. An agreement with the Soviet Union has already provided Egypt with large quantities of arms. Nasser repeatedly threatens Israel...
...Operating under a secret pact with Britain and France, Israeli armies overrun the Sinai Peninsula. Franco-British forces move in to "protect" the Suez Canal. Under U.S. and Soviet pressure, Britain and France soon withdraw, and Israel pulls out nearly a year later. A U.N. force is installed to guard the Egyptian-Israeli border...
...Egypt attacks across the Suez Canal on Yom Kippur while Syrian troops attack the Golan Heights. Israel's counterattacks reach to within 20 miles of Damascus and across the Suez into Egypt. Heavy losses on both sides. The oil-producing states announce a cutoff of exports to nations supporting Israel, and oil prices soon quadruple. Secretary of State Henry Kissinger finally negotiates a cease-fire...