#2026 #Oil #NaturalGas #LNG

https://www.cnbc.com/2026/03/28/oil-gas-prices-iran-war-hormuz.html

"A month into the war in the Middle East, an unlikely shortage of an irreplaceable gas is looming over the global economy.
Helium is a gas that is odorless, colorless and lighter than air. It is also indispensable to manufacturing the computer chips that power artificial intelligence, an important driver of U.S. markets and economic growth.

A byproduct of natural gas processing, helium is produced mainly in the United States and Qatar. When output in Qatar was halted this month, it cut off roughly a third of the global supply. The outlook worsened last week after Iran struck Qatar’s largest liquefied natural gas facility, damaging helium production lines that could take years to rebuild.

Without helium, leading chip makers, including Taiwan Semiconductor Manufacturing Company and South Korea’s Samsung Electronics and SK Hynix, could struggle to keep production lines running, with cascading effects for semiconductor-powered devices from Apple’s iPhones to Nvidia’s A.I. servers.

Helium may be best known for keeping balloons afloat, but its industrial uses are far more consequential. As the coldest liquid on earth, it cools superconducting magnets in M.R.I. machines. A shortage could ripple far beyond chip making, affecting everything from scientific research to space travel.

Semiconductor companies rely on helium at multiple stages of chip manufacturing. As intricate machines etch tiny circuits onto thin wafers of silicon, helium cools them from below to maintain the right temperature. After the wafers are washed with chemicals, helium is used to flush out toxic residue."

https://www.nytimes.com/2026/03/27/business/helium-chips-iran-war.html

#Iran #USA #Trump #Helium #Chips #AI #MiddleEast #NaturalGas

The Spoils of Oil Wars

https://urbanwronski.com/2026/03/28/the-spoils-of-oil-wars/