US EditionThe Helium War: How Iran’s Strikes on Qatar Threaten the Semiconductor and AI Economy
4 Articles
4 Articles
Iran's military has advanced maneuverable missiles that can evade the US Patriot missile defense system. Tehran used several of these missiles last week to attack Qatar's Ras Laffan gas complex, The Financial Times (FT) reported, citing an unnamed source familiar with the attack.
The Helium War: How Iran’s Strikes on Qatar Threaten the Semiconductor and AI Economy
from 21st Century Wire: The helium shock is not a fluke of geology or a quirky subplot in the energy markets. It is a direct consequence of a war that Washington and Tel Aviv chose to escalate, and of a global economic order that concentrated a critical industrial gas in a handful of facilities and […]
Beyond oil, the war with Iran already hits another key input for the global economy: helium. Although it seems distant or rare, this gas is fundamental in the manufacture of chips for cell phones, computers, cars and other devices of daily use. But its impact does not end there. Amparo Castañeda’s opinion: Oil is not the only resource affected by the war in Iran, the global technology industry has just entered into red code. Last week Iran attac…
Especially known as the gas that causes the balloons to float, the helium is also a key element in the production of chips, space rockets and medical imaging, according to the AP. Qatar provides a third of the world’s helium, according to US Geological Survey, but the nation had to stop production shortly after the outbreak of the war, now three weeks ago. The last Iranian attacks against energy production infrastructure in the region have ampli…
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