# Oil Deficits, India Sugar Ban, Wheat Surge, and Gold Market Turbulence

Page: https://stenobird.com/podcast/the-commodities-institute-podcast-7413714/oil-deficits-india-sugar-ban-wheat-surge-and-gold-market-turbulence
Text version: https://stenobird.com/podcast/the-commodities-institute-podcast-7413714/oil-deficits-india-sugar-ban-wheat-surge-and-gold-market-turbulence.md
Podcast: [The Commodities Trade Institute Podcast](https://stenobird.com/podcast/the-commodities-institute-podcast-7413714)
Published: 2026-05-14T10:49:21+00:00
Episode link: https://podcasters.spotify.com/pod/show/zach2455/episodes/Oil-Deficits--India-Sugar-Ban--Wheat-Surge--and-Gold-Market-Turbulence-e3jbu54
Audio file: https://anchor.fm/s/10747c694/podcast/play/119977572/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-4-14%2F2ebf1774-5854-d172-8a33-aaf2eb201297.mp3
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Duration seconds: 614

## Resource

We break down a landmark day in global trade as the IEA warns of a historic oil supply shock caused by the Iran war. We explore India’s dual shock—banning sugar exports and hiking gold duties—and analyze the $18.5 billion Equinox-Orla merger that signals a massive shift toward "safe haven" mining in Canada. Plus, why El Niño and high input costs are threatening global food security. https://www.commoditiesinstitute.com FOLLOW US @commoditiesinstitute Instagram - https://www.instagram.com/commoditiesinstitute Facebook - https://www.facebook.com/61584221970761 TikTok - https://www.tiktok.com/@commoditiesinstitute YouTube - https://www.youtube.com/@commoditiesinstitute Listen to the Podcast: Spotify Podcast - https://open.spotify.com/show/6eO2y40mmH5J8boeF0ANjJ Apple Podcast - https://podcasts.apple.com/us/podcast/the-commodities-institute-podcast/id1826784341 Commodities Market Oil Metals News Trading Agriculture Policy Politics Energy

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## Transcript

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