The Age
·general
·1 hour ago
Hormuz blockade puts ASX helium stocks in the spotlight
Iran's blockade of the Strait of Hormuz triggered a global helium shortage after Qatar's Ras Laffan facility closed in March 2026, eliminating 30 percent of worldwide capacity. Helium prices surged 412 percent to $2000 per thousand cubic feet as hospitals and chipmakers face critical shortages. ASX-listed helium explorers in stable regions now stand to benefit from sustained price strength.
Summary by Glance · The Age
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