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Helium Crisis: War's Impact on Global Supplies

Published 3 days, 16 hours ago
Description

The war in the Middle East is disrupting global helium supplies, with Qatars massive Ras Laffan plant taking a hit from Iranian drone strikes, reducing exports by 14%. Helium, crucial for MRI machines, semiconductors, and space tech, is expected to see demand double by 2030. Prices are surging, and while party suppliers are stocking up, critical users like hospitals and labs worry about supply shortages. Canada is exploring its own helium boom to avoid global supply chain issues.

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