Caitríona Redmond: The surprising ways Iran conflict could hit our pockets
Helium supplies are impacted by the conflict, which could have an effect on the price and availability of helium balloons.
After an Iranian strike on Qatar’s Ras Laffan LNG plant in March, considerable damage was caused to the manufacturer, impacting up to 14% of the world’s supply of helium. It has been reported the damage could take up to five years to repair, and, as it is, exports from Qatar are already impacted by the closure of the Strait of Hormuz, limiting a third of the world’s supply.
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