Brisbane Times ·general ·1 hour ago

Hormuz blockade puts ASX helium stocks in the spotlight

Iran's blockade of the Strait of Hormuz has 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 $2,000 per thousand cubic feet from $390, disrupting semiconductor manufacturing and hospital MRI machines that require the irreplaceable gas for cooling.

Summary by Glance · Brisbane Times

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