Qatar's liquefied natural gas (LNG) and helium exports have been halted for approximately 60 days due to the closure of the Strait of Hormuz and missile strikes on the Ras Laffan industrial complex. This disruption, affecting nearly 20% of global LNG trade, is expected to have significant macroeconomic impacts, with full restoration potentially taking three to five years. LNG prices in Europe and Asia have already surged as a result. The halt also affects the global helium market, where Qatar supplies about 30%. This could lead to shortages in semiconductor manufacturing and other industries reliant on helium. In the crypto sector, rising energy prices threaten mining profitability, particularly for operations dependent on natural gas. Additionally, potential constraints in semiconductor production could limit the availability of mining hardware, impacting hash rate growth and market dynamics.