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I.R.A. Rebates for Appliance Swaps Could Be Phased Out

NYT - Energy & Environment

By: Maxine Joselow and Brad Plumer

1 June 2026 at 22:33

New guidance from the Energy Department would prevent people from receiving rebates after making such swaps.

The new guidance would also end rebates for the replacement of gas-powered dryers, heat pumps and water heaters.

Chinese Military Sought Nvidia Chips for Years, Report Says

NYT - Technology

By: Ana Swanson and Tripp Mickle

1 June 2026 at 15:06

An analysis of six years of procurement records suggests that the People’s Liberation Army has openly tried to acquire restricted U.S. technology.

Oil Prices Jump as Middle East Tensions Build

NYT - Energy & Environment

By: Rebecca F. Elliott and Joe Rennison

1 June 2026 at 20:37

Some analysts said the main international oil price, which was up 6 percent on Monday, could climb much higher in the coming weeks if the Strait of Hormuz doesn’t reopen.

An oil refinery in Carson, Calif. The possibility of continued fighting has raised concerns about how long the world’s stockpiles of oil and fuels will last if the Strait of Hormuz does not reopen.