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Middle East Conflict Fuels Record Highs in Commodity Prices

3/31/2026

50 12 Full Breakdown

Summary

Story summary

The Middle East conflict has driven sulfur prices to record highs, per HSBC analysts.
Helium prices have doubled since the Iran war began.
Iranian missile attacks disrupted helium production in Qatar, affecting global supply.
In South Korea, Almonty's tungsten mine reopened, and tungsten prices exceed $3,000.
Goldman Sachs notes a rise in commodity prices.

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Story summary

The Middle East conflict has driven sulfur prices to record highs, per HSBC analysts.
Helium prices have doubled since the Iran war began.
Iranian missile attacks disrupted helium production in Qatar, affecting global supply.
In South Korea, Almonty's tungsten mine reopened, and tungsten prices exceed $3,000.
Goldman Sachs notes a rise in commodity prices.