The talks in Islamabad have beguin, according to reports from all sides.
Notably, Iran has said it can’t open Hormuz because of mines in the water. The US seems to be calling that bluff as ‘several’ US navy ships passed through. Trump said “We’re now starting the process of clearing out Hormuz”.
I wonder if Iran will see that as an escalation as it evidently wasn’t coordinated with them.
One thing that worries me a bit is that Trump is highlighting that many tankers are headed to the US to pick up oil cargoes. He seems to be excited about that but the flipside of it is that it will drive US oil and gasoline prices higher and it won’t take long.