DeFiance CEO: No "TACO" or Easing of Middle East Situation in the Short Term

BlockBeats News, March 20th, DeFiance Capital CEO Arthur posted on X, stating, "It is now very clear that TACO (Trump Administration's Change of Course) and the easing of the Middle East situation will not happen in the short term because both the US and Israel are pushing hard on Iran until Iran yields. Time will tell if this strategy is effective, but in the coming weeks, the global supply chain may face further disruptions."

According to Axios citing four sources familiar with the matter: "The Trump administration is considering occupying or blockading Iran's Harzg Island to force Iran to reopen the Strait of Hormuz."