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escalatory·Mar 5·Thursday, March 5, 2026

Qatar Helium Shutdown Hits 38% of Global Semiconductor Supply

escalatory·94% confidence

Summary

Iranian drone strikes on Ras Laffan shut down Qatar's helium production — 38% of global supply. SK Hynix sourced 64.7% of its helium from Qatar. Helium is irreplaceable in semiconductor fabrication for cooling and leak testing. Global chip production faces months of disruption.

Risk Impacts (1)

38% of global helium supply offline — irreplaceable input for chip fabrication

Current probability:75%High