DeFiance CEO: The situation in the Middle East is unlikely to cool down in the short term, and the US and Israel may continue to pressure Iran
Mar 20, 2026 18:24:58
DeFiance Capital CEO Arthur posted on the X platform, stating that in the short term, "TACO" (Trump's last-minute retreat) and a cooling of the situation in the Middle East are unlikely to occur, as both the U.S. and Israel are continuing to pressure Iran.
He pointed out that the global supply chain may be further disrupted in the coming weeks. Additionally, according to a previous report by Axios, the Trump administration is considering occupying or blockading Iran's Khark Island to force it to reopen the Strait of Hormuz.
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