In a large nonstick skillet, melt the butter in the olive oil. Add the garlic and cook over moderate heat, stirring occasionally, until fragrant, about 1 minute. Add the tomatoes, fresh thyme, honey, crushed red pepper, a generous pinch of salt, and a couple grinds of black pepper. Stir to combine, then cover and cook over moderate heat until the tomatoes have burst, about 5 minutes. Uncover and continue cooking, stirring occasionally, until the tomatoes are juicy and the sauce has thickened, 8 to 10 minutes. Season with salt and black pepper and remove from the heat.