Hormuz Closure Threatens Chip Output via Helium, Bromine Shortages
Middle East – October 24, 2026 -- Spot helium prices have doubled after Iranian strikes hit Qatar's Ras Laffan Industrial City, exposing semiconductor fabs to a materials shortage that extends well beyond oil.
Qatar produced roughly one-third of the world's helium as a byproduct of LNG processing. QatarEnergy has declared force majeure, and repairs are estimated at three to five years.
Stranded cryogenic containers put a 35-to-48-day clock on Asian fabs
Roughly 200 specialised cryogenic containers are stranded near the Strait of Hormuz. They keep helium liquid for only 35 to 48 days before it warms and escapes. The last scheduled shipments to Asian fabs are arriving now.