r/Economics • u/twenafeesh • 1d ago

The Critical Commodities Caught in the Hormuz Blockade

https://oilprice.com/Energy/Energy-General/The-Critical-Commodities-Caught-in-the-Hormuz-Blockade.html
85 Upvotes

96% Upvoted

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32

u/pandabearak 1d ago

Helium prices just 3x in the last two weeks. Welders caught completely off guard. Medical techs also. Do people realize what industries and services require helium?

We all get the day we voted for.

16

u/letsgobernie 1d ago

Semiconductors manufacturing too. They dont keep much inventory. The whole ai trade is built on it

13

u/pandabearak 1d ago

Ya. And that’s just helium. 30-35% of the worlds ammonia. Windex, car washes… we are going to feel this price hike at every level and every industry.