Of the three parties concerned Israel had nothing to lose and much to gain the worlds instant reprobation glanced off Israel when England and France dashed in to snatch the aggressors cloak and win its war it was left deep in Egyptian territory cheering its conquest

What is the correctly punctuated version of this sentence?
Of the three parties concerned, Israel had nothing to lose and much to gain: the world's instant reprobation glanced off Israel when England and France dashed in to snatch the aggressor's cloak and win its war; it was left deep in Egyptian territory, cheering its "conquest".