Surge of 40%! Strait of Hormuz "Blockade" Disrupts Helium Supply Chain

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People’s Financial News, March 22 — The ongoing Middle East conflict continues to impact global markets. Iran’s attacks have disrupted about 17% of Qatar’s liquefied natural gas (LNG) export capacity. The conflict in the Middle East has also affected the global helium supply chain and is spreading to more industries. Helium is an essential raw material for many sectors, especially in technology, where it is widely used in semiconductors, aerospace, electronics manufacturing, and medical imaging. Before this conflict, Qatar supplied over one-third of the world’s helium. The blockage of shipping through the Strait of Hormuz has caused helium prices to rise significantly. Recent estimates from U.S. banks suggest that, depending on market conditions, spot helium prices have increased by approximately 40%. Analysts point out that as supply tightens, key industries that demand helium tend to prioritize supply security over price, making it easier for suppliers to raise quotes. (CCTV Finance)

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