NEW: US Navy Warships Cross Strait of Hormuz For First Time

<![CDATA[Well, this should make for a pleasant ice-breaker in Islamabad. Negotiating teams from the US and Iran had a meeting scheduled for the morning in Pakistan, in large part focused on Iran's pledge to allow unfettered traffic in the Strait of Hormuz in exchange for [checks notes] not getting bombed back to the Stone Age. Instead, Iran attempted to force shippers to pay exorbitant "tolls" in cryptocurrency while continuing to export its own oil. ]]>