Food Near 4-Yr High, G7 100M Bbl Oil Plan, $54B Copper & Ukraine Sowing

The Commodities Trade Institute Podcast · Oct 5, 2026 · 6m

Group of Seven nations have agreed to release 100 million barrels of emergency crude and diesel to counter wartime fuel inflation, even as Middle East oil and liquefied natural gas shipments face active drone and missile threats in the Strait of Hormuz. Concurrently, the United Nations food price index reached a four-year peak of 136.0 points, aggravated by historic rainfall halting Brazilian sugar crushing and paralyzing export ports. In metals, Chinese antitrust regulators are demanding dedicated copper concentrate supply commitments before clearing Anglo American’s $54 billion merger with…