Summary:

Iran tightens control over Hormuz: The IRGC says ships must obtain authorization to transit the strait or face enforcement action.

Shipping disruptions emerge after increased flows: A tanker near Oman was reportedly attacked, and several vessels turned back after Iranian warnings, sending oil prices higher.

Tehran seeks billions in transit fees: Iran wants to impose Hormuz passage charges that it says could generate up to $40 billion annually.

Rubio rejects the plan: The U.S. says Gulf states offer "zero support" for Iranian tolls and warns they would undermine freedom of navigation.

Bayer Stock Soars After Supreme Court Guts Core Legal Theory Behind 1000s Of Roundup Cases

Bayer AG shares soared in Frankfurt on Thursday morning after the Supreme Court sided with the German pharmaceutical and life sciences giant in a major Roundup ruling expected to block thousands of lawsuits alleging it failed to warn consumers that the weedkiller could cause cancer.

Bloomberg reported that the Supreme Court voted 7 - 2 to throw out a $1.25 million jury verdict won by Missouri resident John Durnell, who blamed years of Roundup exposure for his non-Hodgkin's lymphoma.

The first opinion is in Monsanto v. Durnell. The court holds that the federal law governing pesticide labels bars a lawsuit against Monsanto, the maker of Roundup weedkiller, for failing to include a warning on the label about the risks of cancer.https://t.co/cPzdF5lgH5

Justice Brett Kavanaugh wrote for the majority that federal law "demands" uniform pesticide labels and that the state-law "failure-to-warn" claim at issue in the case "would require a cancer warning on Roundup's label, a requirement 'in addition to' and 'different from' the label required by EPA."

Justices Ketanji Brown Jackson and Neil Gorsuch dissented.

The ruling is a major milestone in Bayer's years-long court battle over Roundup, which it acquired from Monsanto for $63 billion in 2018. The company has since stopped using glyphosate in Roundup products sold at major retailers.

Earlier this year, Bayer announced a proposed $7.25 billion class action settlement to resolve tens of thousands of current and future lawsuits.

Shares of Bayer soared 20%…

https://www.zerohedge.com/markets/bayer-erupts-most-23-years-after-supreme-court-guts-core-legal-theory-behind-1000s-roundup

FDNY EMT Arrested at JFK after CBP Officers Discover 14,000 Images and Videos of Child Sexual Abuse Material on His Phone

A 23-year-old active FDNY Emergency Medical Technician was arrested at John F. Kennedy International Airport after U.S. Customs and Border Protection officers uncovered approximately 14,000 images and videos of suspected child sexual abuse material on his phone.

The arrest happened on June 1, 2026, when the traveler, a U.S. citizen employed as an EMT with the Fire Department of the City of New York, arrived at JFK from Santiago, Dominican Republic, according to CBP.

He was referred to secondary inspection, where CBP officers from the Human Trafficking Unit conducted a baggage and electronic device examination.

What they found was horrifying.

A hidden folder on the device contained roughly 14,000 images and videos depicting “adults engaged in sexual acts with prepubescent children, prepubescent and pubescent children engaged in sexual acts, and pubescent and age-indeterminate individuals engaged in sexual acts.”

The phone also contained the MEGA cloud storage application, a tool notorious for its end-to-end encryption that predators exploit to store and distribute illegal child sexual abuse material while making it extremely difficult for law enforcement to access without credentials.

On the same day, the defendant appeared in Queens Supreme Criminal Court and was arraigned on New York state sexual offense charges.

https://www.cbp.gov/newsroom/local-media-release/cbp-officers-jfk-intercept-suspected-child-sexual-abuse-material-fdny