It’s a bit inaccurate to say that it worked in the Suez Crisis.
yes, Eisenhower cut (or tried to cut) private aid to Israel (about 100 million annually at the time,) But he also sought (via UN,) sanctions that were vetoed by France and Britain, both of whom were also in on the invasion.
Also, Eisenhower put inordinate pressure on the UK, rejecting an IMF request (because they needed oil, and were loosing money,); while also threatening to dump UK bonds held by the US. (which would have had deleterious effects on their economy… though those effects were grossly overstated by Macmillan. Further pressure was laid out by the Saudi embargo on both Britain and France- and the US refused to help alleviate that.
regardless, my point stands that simply being “good friends” with Israel doesn’t really give you the ability to hold them back. particularly when they don’t believe you’d actually do it. The Suez Crisis was resolved at least as much by pressure on Britain and France as it was on Israel- because they were desperate for oil.