# UAE Exits OPEC Amid Oil War: India’s Gold Imports Hit 30-Year Low

Page: https://stenobird.com/podcast/the-commodities-institute-podcast-7413714/uae-exits-opec-amid-oil-war-india-s-gold-imports-hit-30-year-low
Text version: https://stenobird.com/podcast/the-commodities-institute-podcast-7413714/uae-exits-opec-amid-oil-war-india-s-gold-imports-hit-30-year-low.md
Podcast: [The Commodities Trade Institute Podcast](https://stenobird.com/podcast/the-commodities-institute-podcast-7413714)
Published: 2026-05-01T10:18:50+00:00
Episode link: https://podcasters.spotify.com/pod/show/zach2455/episodes/UAE-Exits-OPEC-Amid-Oil-War-Indias-Gold-Imports-Hit-30-Year-Low-e3io6ub
Audio file: https://anchor.fm/s/10747c694/podcast/play/119331211/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-4-1%2F76fb9cf5-8045-54fb-28d3-d2facc7c3b7c.mp3
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Duration seconds: 479

## Resource

This episode covers the U.S. naval blockade stranding 69 million barrels of Iranian crude, the UAE's shock departure from OPEC, and a tax dispute that has sent Indian gold imports to a 30-year low. We also dive into the looming rice shortage in Asia fueled by the Iran war and El Niño, and why U.S. biofuel targets are testing the limits of domestic industry. 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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