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Business & economy

The FTSE 100 gains for a fourth straight day as oil slides on hopes of a US-Iran deal

Oil fell sharply on Monday on hopes of a US-Iran deal, taking the FTSE 100 to a fourth straight day of gains (Reuters). Some reports put the fall above 10%, and US crude dropped below $100.

L 25% · C 25% · R 50% · 8 outlets

Left 0 · Centre-left 2 · Centre 2 · Centre-right 2 · Right 2

How each side framed it

Left-leaning outlets

'Oil price falls amid hope of a breakthrough to end Iran war' (The Guardian); 'Oil prices slide in biggest drop since July on hope for more Iran talks' (NBC News).

Centre outlets

Centre-rated outlets headline it: “FTSE 100 notches fourth straight day of gains as oil slides on US-Iran deal hopes” (Reuters); “Oil prices plunge on US-Iran detente hopes ahead of US midterms” (France 24).

Right-leaning outlets

'US Oil Plunges Below $100 On Hopes Of Iran Peace Deal' (Daily Caller); 'Oil price tumbles more than 10% on hopes of breakthrough' (Daily Mail).

Context

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Sources by lean

Balanced: the same number of articles from the left, the centre and the right (up to 3 each). The bar above still counts every rated outlet we found. Bias and factual ratings come from Media Bias/Fact Check. How we balance · All ratings.

Showing 2 from each side of 8 rated outlets (L 2 / C 2 / R 4). Capped at 2 because that is all we found on the thinnest side. More coverage

Video

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Deep dive

A short prompt for thinking it through. We write a fuller side-by-side deep dive for the day's biggest stories.

What each side may be protecting: Households and firms facing fuel costs.

A question to hold: Shared question: how much of the price fall depends on a deal that has yet to be signed?

Try it: open one left and one right article in Sources by lean and note what each takes for granted.

Follow the money

Not yet researched. We haven't yet looked at who gains or loses financially from this story, or who funds the main voices on each side. When we do, we check company filings, the Electoral Commission donations register, lobbying registers, annual reports, InfluenceMap and OpenSecrets, and we apply the same checks to every side. How we follow the money.

Who owns or funds the outlets covering this story (8 outlets)
OutletLeanOwnership & funding (MBFC)
NBC NewsCentre-leftNo ownership data found
The GuardianCentre-leftThe Guardian and its companion publication, the Sunday newspaper The Observer, are owned by Guardian Media Group plc (GMG). Scott Trust Limited was created in 1936 to ensure the editorial independence of the publications and owns Guardian Media Group plc (GMG). source
France 24CentreFrance 24 is owned by France Médias Monde, a state-owned French holding company that supervises and coordinates the activities of the major public media organizations broadcasting or publishing internationally from France. Besides government funding, they also generate revenue through advertising. source
ReutersCentreIn April 2008, the British company Reuters Group was acquired by Thomson Corporation and formed Thomson Reuters. source
Evening StandardCentre-rightThe newspaper is majority-owned by Russian businessman and former KGB agent Alexander Lebedev and the Daily Mail and General Trust. Revenue is generated through advertising. source
New York PostCentre-rightThe New York Post is owned by Rupert Murdoch’s News Corp, which owns many conservative/sensational media outlets worldwide. The paper is funded through advertising, subscriptions, and newsstand sales. source
Daily CallerRightNo ownership data found
Daily MailRightThe Daily Mail is published by Associated Newspapers Limited, part of Daily Mail and General Trust (DMGT). DMGT is controlled by the Rothermere family and is 100% owned by Rothermere Continuation Limited. Jonathan Harmsworth, 4th Viscount Rothermere, serves as Chairman..push({}); DMGT became privately owned after delisting from the London Stock Exchange in 2022. source