SMH
·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, wiping out 30 percent of worldwide capacity. Helium prices surged 412 percent to $2,000 per thousand cubic feet, disrupting hospitals relying on the gas for MRI machines and semiconductor manufacturers dependent on Gulf supplies.
Summary by Glance · SMH
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