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[Latest Netanyahu Vows to Keep Striking Hezbollah Despite Ceasefire Strain](https://www.newsweek.com/iran-war-latest-live-updates-trump-issues-warning-bigger-strikes-strait-hormuz-nuclear-weapons-lebanon-11803200) - [Nation](https://www.newsweek.com/us) - [News](https://www.newsweek.com/news) - [Politics](https://www.newsweek.com/politics) - [Tech](https://www.newsweek.com/technology) - [Fact Check](https://www.newsweek.com/fact-check) - [Personal Finance](https://www.newsweek.com/personal-finance) - [Automotive](https://www.newsweek.com/autos) - [Sports](https://www.newsweek.com/sports) - [Better Workplaces](https://www.newsweek.com/better-workplaces) - [World](https://www.newsweek.com/world) - [Russia-Ukraine](https://www.newsweek.com/topic/russia) - [Middle East](https://www.newsweek.com/topic/middle-east) - [China And Asia](https://www.newsweek.com/topic/china) - [Better Planet](https://www.newsweek.com/better-planet) - [All World News](https://www.newsweek.com/world) - [Lifestyle](https://www.newsweek.com/life) - 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More [Newsmakers](https://www.newsweek.com/newsmakers)[Unconventional](https://www.newsweek.com/unconventional)[Events](https://events.newsweek.com/)[Podcasts](https://www.newsweek.com/podcasts)[Vantage](https://www.newsweek.com/topic/vantage)[Readers Choice](https://www.newsweek.com/readerschoice)[Magazine](https://www.newsweek.com/archive)[CEO Circle](https://www.newsweek.com/ceo-circle) [Business](https://www.newsweek.com/business) [Iran War](https://www.newsweek.com/topic/iran-war)[Energy](https://www.newsweek.com/topic/energy)[Trade](https://www.newsweek.com/topic/trade) News Article # How Iran War Could Deflate Your Kid’s Birthday Party *** Published Mar 21, 2026 at 04:00 AM EDT ## Video  3 CPAC Leaders Back Trump’s Iran Policy As They Call Their Movement ‘Global’ *** ### Related Videos -  AI Impact Forum: Is the IT Services Industry Going Extinct? - Tech Savvy: Using Technology as a Career Advantage -  CPAC Leaders Back Trump’s Iran Policy As They Call Their Movement ‘Global’ By Suzanne Blake Reporter, Consumer & Social Trends Share [Newsweek is a Trust Project member](https://www.newsweek.com/editorial-guidelines) Prefer Newsweek on Google to see more of our trusted coverage when you search. *** The [escalating U.S.-Israeli war with Iran](https://www.newsweek.com/iran-war-live-updates-us-embassy-trump-reaction-11687568) is already rippling through the [global supply chain,](https://www.newsweek.com/its-end-global-supply-chain-we-know-it-opinion-1698591) and the helium used at your child’s birthday party may be affected. Helium, employed to inflate party balloons, is also essential to [semiconductor manufacturing,](https://www.newsweek.com/trump-secures-100-billion-investment-us-semicondcutor-tsmc-taiwan-2039100) medical imaging and advanced industrial processes. But as the fighting in Iran disrupts energy production and shipping routes in the Persian Gulf, supplies of the element found in the group of inert gases are tightening and prices are soaring. ## Why It Matters For consumers, higher helium prices and tighter supply mean party stores and event vendors may raise prices or limit balloon availability. Because helium is difficult to store and transport and the market has little spare capacity, even short‑term disruptions can lead to noticeable shortages. Industries that rely on helium for critical functions will also likely be hit hard. Semiconductor manufacturers, hospitals using MRI machines, and aerospace and industrial firms all depend on a steady supply of high‑purity helium, and there is no practical substitute. Helium balloons await purchase at the Moors and Christians festival in Alcoy, Spain, on May 3, 2025. (Photo by Diego Cano Cabanes) ## What To Know Roughly one‑third of the world’s commercial helium supply comes from Qatar, where the gas is produced as a byproduct of natural-gas extraction, according to the U.S. Geological Survey. Much of that helium is processed at QatarEnergy’s Ras Laffan Industrial City, the world’s largest liquefied natural gas (LNG) export facility. Read More #### Business [Jennifer Meyer on Turning One Hit Product Into a 20-Year Brand](https://www.newsweek.com/jennifer-meyer-on-turning-one-hit-product-into-a-20-year-brand-11801563) [PHLUR’s Chriselle Lim, Waay CEO on What It Takes to Be A Female Founder](https://www.newsweek.com/chriselle-lim-waay-ceo-female-founder-womens-global-impact-forum-2026-11758197) [Best Cities To Start a Business in the U.S](https://www.newsweek.com/best-cities-to-start-a-business-in-the-us-11775097) [More Related Stories](https://www.newsweek.com/business) Since the Iran war began, attacks and security concerns have forced QatarEnergy to halt LNG production at Ras Laffan. Because helium production depends directly on LNG output, those shutdowns have removed a massive share of global helium from the market almost overnight. Even if the war were to end immediately, Qatar’s energy minister has warned it could take “weeks to months” for helium deliveries to return to normal, according to Reuters. Helium is difficult to stockpile and also requires specialized containers, effectively limiting short‑term alternatives. For consumers, the most visible impact may show up in party stores and event rentals. Helium spot prices have already doubled since the Middle East crisis began, according to CNBC. Because most helium is sold through long‑term contracts, the initial price shock does not immediately hit every customer. But as contracts are renegotiated, consumers looking for balloons are likely to face higher costs or outright shortages. While birthday balloons may be the most relatable example, the most serious consequences are unfolding in other industries. Helium is a critical input for semiconductor manufacturing, where it is used to cool silicon wafers, transfer heat and maintain ultra‑clean production environments. There is no viable substitute for high‑purity helium in advanced chip fabrication, experts say. "Early ​indications show about 50 percent spot price increases already," Anish Kapadia, CEO of market research firm AKAP Energy, said previously. "In a sustained disruption, ‌prices could rise sharply and potentially retest past shortage peaks of more than \$2,000 per thousand cubic feet." A prolonged helium shortage could slow chip production globally, affecting everything from smartphones and electric vehicles to data centers and medical equipment. South Korea and Taiwan, two of the world’s largest chip producers, are particularly vulnerable because they source much of their helium from the Gulf region, CNBC reported. Helium is also essential for MRI machines as well as specialized welding, aerospace applications and scientific research. ## What People Are Saying **Alex Beene, financial literacy instructor for the University of Tennessee at Martin, to *Newsweek*:** "Typically, when American consumers think of helium, they think of the substance needed for the balloons at parties and events. They don’t consider the other major items it’s used for, most notably in terms of semiconductor manufacturing. Having a limited supply could significantly impact prices the longer the current military conflict goes on. That could add to the price of virtually all items that use helium to produce semiconductors, in the same way that some constrained supplies boosted prices during the pandemic.” **A report this week by the chief investment office of UBS Global Wealth Management:** “Qatar makes some 30 percent of the world’s helium — a key input for semiconductors, industrial manufacturing, and medical imaging — while several key ingredients for fertilizer production also move through the Strait. Any lengthy disruption will not only impact energy prices, but also food prices and industrial production.” ## What Happens Next Disruptions at Ras Laffan have already rattled energy markets, and helium shortages will likely add more pressure to industries across the board. “Everybody’s going to feel it to some degree during that transition period,” Phil Kornbluth, president of Kornbluth Helium Consulting, told CNBC. “The industrial gas industry — they won’t play favorites to a large degree there. I mean, they’ll do their best to keep everybody supplied, or as well supplied as possible, but there’s a price for that.” Newsweek’s reporters and editors used Martyn, our AI assistant, to help produce this story. [Learn more about Martyn.](https://www.newsweek.com/newsweek-martyn-newsroom-assistant) [Request Reprint & Licensing](https://www.newsweek.com/contact) Submit Correction [View Editorial & AI Guidelines](https://www.newsweek.com/editorial-guidelines) *** Prefer Newsweek on Google to see more of our trusted coverage when you search. ## Recommended For You [News](https://www.newsweek.com/news) [US Gas Prices Could Reverse Within 48 Hours](https://www.newsweek.com/gas-prices-reverse-iran-war-donald-trump-11797883) 3 min read [News](https://www.newsweek.com/news) [Map Reveals Most—And Least—Expensive States To Raise A Child](https://www.newsweek.com/map-expensive-states-raise-child-11798334) 2 min read [News](https://www.newsweek.com/news) [Map Shows Cities Where You Can Afford Rent on Social Security Alone](https://www.newsweek.com/map-shows-cities-where-you-can-afford-rent-on-social-security-alone-11803394) 3 min read [Life](https://www.newsweek.com/life) [AI Can Shop for You—but You May 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The [escalating U.S.-Israeli war with Iran](https://www.newsweek.com/iran-war-live-updates-us-embassy-trump-reaction-11687568) is already rippling through the [global supply chain,](https://www.newsweek.com/its-end-global-supply-chain-we-know-it-opinion-1698591) and the helium used at your child’s birthday party may be affected. Helium, employed to inflate party balloons, is also essential to [semiconductor manufacturing,](https://www.newsweek.com/trump-secures-100-billion-investment-us-semicondcutor-tsmc-taiwan-2039100) medical imaging and advanced industrial processes. But as the fighting in Iran disrupts energy production and shipping routes in the Persian Gulf, supplies of the element found in the group of inert gases are tightening and prices are soaring. ## Why It Matters For consumers, higher helium prices and tighter supply mean party stores and event vendors may raise prices or limit balloon availability. Because helium is difficult to store and transport and the market has little spare capacity, even short‑term disruptions can lead to noticeable shortages. Industries that rely on helium for critical functions will also likely be hit hard. Semiconductor manufacturers, hospitals using MRI machines, and aerospace and industrial firms all depend on a steady supply of high‑purity helium, and there is no practical substitute. Helium balloons await purchase at the Moors and Christians festival in Alcoy, Spain, on May 3, 2025. (Photo by Diego Cano Cabanes) ## What To Know Roughly one‑third of the world’s commercial helium supply comes from Qatar, where the gas is produced as a byproduct of natural-gas extraction, according to the U.S. Geological Survey. Much of that helium is processed at QatarEnergy’s Ras Laffan Industrial City, the world’s largest liquefied natural gas (LNG) export facility. Since the Iran war began, attacks and security concerns have forced QatarEnergy to halt LNG production at Ras Laffan. Because helium production depends directly on LNG output, those shutdowns have removed a massive share of global helium from the market almost overnight. Even if the war were to end immediately, Qatar’s energy minister has warned it could take “weeks to months” for helium deliveries to return to normal, according to Reuters. Helium is difficult to stockpile and also requires specialized containers, effectively limiting short‑term alternatives. For consumers, the most visible impact may show up in party stores and event rentals. Helium spot prices have already doubled since the Middle East crisis began, according to CNBC. Because most helium is sold through long‑term contracts, the initial price shock does not immediately hit every customer. But as contracts are renegotiated, consumers looking for balloons are likely to face higher costs or outright shortages. While birthday balloons may be the most relatable example, the most serious consequences are unfolding in other industries. Helium is a critical input for semiconductor manufacturing, where it is used to cool silicon wafers, transfer heat and maintain ultra‑clean production environments. There is no viable substitute for high‑purity helium in advanced chip fabrication, experts say. "Early ​indications show about 50 percent spot price increases already," Anish Kapadia, CEO of market research firm AKAP Energy, said previously. "In a sustained disruption, ‌prices could rise sharply and potentially retest past shortage peaks of more than \$2,000 per thousand cubic feet." A prolonged helium shortage could slow chip production globally, affecting everything from smartphones and electric vehicles to data centers and medical equipment. South Korea and Taiwan, two of the world’s largest chip producers, are particularly vulnerable because they source much of their helium from the Gulf region, CNBC reported. Helium is also essential for MRI machines as well as specialized welding, aerospace applications and scientific research. ## What People Are Saying **Alex Beene, financial literacy instructor for the University of Tennessee at Martin, to *Newsweek*:** "Typically, when American consumers think of helium, they think of the substance needed for the balloons at parties and events. They don’t consider the other major items it’s used for, most notably in terms of semiconductor manufacturing. Having a limited supply could significantly impact prices the longer the current military conflict goes on. That could add to the price of virtually all items that use helium to produce semiconductors, in the same way that some constrained supplies boosted prices during the pandemic.” **A report this week by the chief investment office of UBS Global Wealth Management:** “Qatar makes some 30 percent of the world’s helium — a key input for semiconductors, industrial manufacturing, and medical imaging — while several key ingredients for fertilizer production also move through the Strait. Any lengthy disruption will not only impact energy prices, but also food prices and industrial production.” ## What Happens Next Disruptions at Ras Laffan have already rattled energy markets, and helium shortages will likely add more pressure to industries across the board. “Everybody’s going to feel it to some degree during that transition period,” Phil Kornbluth, president of Kornbluth Helium Consulting, told CNBC. “The industrial gas industry — they won’t play favorites to a large degree there. I mean, they’ll do their best to keep everybody supplied, or as well supplied as possible, but there’s a price for that.”