The price of helium has surged by 40% due to the blockade in the Hormuz Strait.

date
20/03/2026
The ongoing conflict in the Middle East continues to impact the global market. Iran's attack has led to a disruption in Qatar's liquefied natural gas (LNG) export capacity by about 17%. Analysts point out that the global energy market is currently transitioning from "transportation blockage" to "supply damage". It is reported that the attack damaged 2 out of 14 LNG production lines in Qatar, and one of its two gas-oil facilities was also destroyed. The CEO of Qatar Energy Company, Khalid Kaabi, stated that repairs will result in an annual shutdown of approximately 12.8 million tons of LNG production capacity, with an estimated duration of three to five years. The conflicts in the Middle East not only impact the supply of LNG, but also affect another key resource that is often overlooked, helium gas. Shipping disruptions in the Strait of Hormuz have significantly increased helium prices. According to recent estimates by Bank of America, helium spot prices have risen by about 40% in different market conditions. It is suggested that in situations of tight supply, key industries that require helium tend to prioritize supply security over price, making suppliers more likely to increase their prices.