Qatar LNGIran strikes have wiped out 17% of Qatar's LNG capacity — damage expected to persist for up to five years/HeliumSpot prices surging 34% as Qatar's disruption cuts off roughly 30% of global helium supply/HormuzStrait of Hormuz transit at zero — all LNG and oil shipments from the Gulf halted as of March 19/ShellShell declares force majeure on Qatar LNG contracts, citing inability to fulfill delivery obligations/SemiconductorsChip fabs in Taiwan and South Korea flagging critical helium shortages — 60-day buffer stocks being drawn down/Europe GasTTF benchmark up 110% to €118/MWh as European buyers scramble to replace Qatar volumes/MedicalHospital networks issuing alerts on MRI helium supply — elective procedures at risk within weeks if disruption continues/SpaceNASA and ESA reviewing launch schedules — liquid helium coolant for rocket engines now on allocation/US ReservesBLM Federal Helium Reserve in Texas activating emergency release protocols to cushion domestic shortfall/MarketsAsian LNG futures up 89% week-on-week — worst single-week move since the 2022 European energy crisis/Qatar LNGIran strikes have wiped out 17% of Qatar's LNG capacity — damage expected to persist for up to five years/HeliumSpot prices surging 34% as Qatar's disruption cuts off roughly 30% of global helium supply/HormuzStrait of Hormuz transit at zero — all LNG and oil shipments from the Gulf halted as of March 19/ShellShell declares force majeure on Qatar LNG contracts, citing inability to fulfill delivery obligations/SemiconductorsChip fabs in Taiwan and South Korea flagging critical helium shortages — 60-day buffer stocks being drawn down/Europe GasTTF benchmark up 110% to €118/MWh as European buyers scramble to replace Qatar volumes/MedicalHospital networks issuing alerts on MRI helium supply — elective procedures at risk within weeks if disruption continues/SpaceNASA and ESA reviewing launch schedules — liquid helium coolant for rocket engines now on allocation/US ReservesBLM Federal Helium Reserve in Texas activating emergency release protocols to cushion domestic shortfall/MarketsAsian LNG futures up 89% week-on-week — worst single-week move since the 2022 European energy crisis/
Global Helium Production & Trade Map
⚠️ CRISIS UPDATE MAR 19, 2026 — Iran attacks on Qatar LNG have wiped out 17% of global helium capacity · Qatar supplies ~30% of world helium as LNG byproduct · Trade routes through Strait of Hormuz completely disrupted