Press Digest: New York Times business news - June 23

MP Materials

23/06/2026 05:41

June 23 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
     
- The Trump administration temporarily lifted oil sanctions against Iran in a sharp reversal of U.S. policy that could provide Iran with an economic boon.
     
- China added MP Materials MP.N and USA Rare Earth USAR.O, as well as eight other U.S. entities it said are linked to the U.S. military, to its export control list in retaliation for Washington placing several Chinese companies under restrictions this month.
     
- Disney-owned DIS.N ABC said it was launching an on-air campaign encouraging viewers to show support for the network in its two ongoing battles with the U.S. government.
     
- The Trump administration proposed looser rules for oil and gas drilling operations on federal lands, including a dramatic cut to clean-up costs for abandoned wells.

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))