Skip to main content
Sahmino
Back to the newsroom
CommodityWest Asia

Yemen's Houthis Seize Strategic Mayun (Perim) Island in Bab al Mandeb

Sep 13, 2026

According to Al Jazeera, published Sunday, September 13, 2026 (22 Shahrivar 1405), Yemen's Houthi forces have seized the strategic Mayun Island, also known as Perim Island, at the mouth of the Bab al Mandeb Strait, adding to their control over the key shipping route. According to Ecoiran, published Saturday evening, September 12 (21 Shahrivar), the capture of Perim came a day after the same forces took the port of Mokha, increasing the Houthis' ability to threaten alternative routes for Saudi oil exports through the Red Sea.

Donya e Eqtesad reported the development coincided with the temporary shutdown of Saudi Arabia's East West pipeline following a drone attack on Friday, September 11 (20 Shahrivar), the kingdom's only alternative route bypassing the Strait of Hormuz. Al Jazeera also reported the Houthis seized a significant amount of US made military hardware, estimated at millions of dollars, during the advance.

Source

Al Jazeera

Related news

CommodityGlobal

Brent Crude Jumps Above $107 as Hormuz Traffic Drops

Brent crude jumped more than 3 percent, up 3.21 dollars, to 107.82 dollars a barrel on Monday, September 14, after an Iranian ship was attacked in the Strait of Hormuz on Sunday and Saudi Arabia's East to West oil pipeline was damaged in a drone strike. Reuters reported that vessel transits through Hormuz fell to 14 a day over the weekend, below the 10 day average and far under the more than 100 daily transits recorded before the US and Israeli war on Iran began. US Energy Secretary Chris Wright told Bloomberg that oil flows through Hormuz averaged 10 million barrels a day over the past week, about two thirds of pre war levels. Sahmino's own price data showed Brent at 107.96 dollars as of 19:28 Tehran time on Tuesday, September 15, up 1.65 percent on the day.

Al Jazeera · Sep 15, 2026

Commodity

Iran's Light and Heavy Crude Prices Rise More Than 2 Percent

The price of a barrel of Iranian light crude for delivery to northwest Europe reached 105.25 dollars, according to Mehr News Agency citing OilPrice.com, as published by Donya-e-Eqtesad on Tuesday, September 15, 2026, a rise of 2.43 dollars, or 2.36 percent, from the previous day. Iranian heavy crude rose by the same absolute amount, 2.43 dollars, or 2.41 percent, to 103.35 dollars a barrel. The prices refer to Iranian crude delivered in northwest Europe and are reported with a one day lag. In global markets, Brent crude crossed 107 dollars the same day, reaching 107.90 dollars a barrel.

Donya-e-Eqtesad, citing Donya-e-Eqtesad via Mehr · Sep 15, 2026

Commodity

Kromit obtains permit for trial copper extraction at Tarosak mine, projects up to 120 billion rials in added sales

Iran Manganese Mines Company, trading under ticker Kromit, disclosed via codal on Tuesday, September 15, 2026, that it had obtained a permit for trial extraction of 150 tons of copper at its Tarosak mine, and said it is pursuing an initial discovery certificate for 30,000 to 50,000 tons followed by an operating license for about 8,000 to 10,000 tons of annual extraction. The company estimated the operation would add about 100 to 120 billion rials to sales in the current fiscal year, with sales revenue from it reaching roughly 500 billion rials the following fiscal year. The Ministry of Industry, Mine and Trade permit was issued on September 9 and sent for signature.

Codal · Sep 15, 2026

CommodityWest Asia

Iraq seizes drone launch platform used in attack on Saudi oil pipeline

According to Iraq's state-run news agency INA, as reported by Al Jazeera, Lieutenant General Saad Maan, head of Iraq's Security Media Cell, said on Saturday, September 12, 2026, that Iraqi security and intelligence forces had located and seized the drone-launching equipment used in a strike on Saudi Arabia's East-West oil pipeline. He said Iraq's commander-in-chief had approved an Iranian request to join the investigation and review its findings, and that Baghdad was sharing intelligence directly with Saudi authorities. Saudi authorities had traced the launch site to Maysan province in southeastern Iraq, near the Iranian border. The pipeline, which carries about 4 to 5 percent of global oil supply and lets Saudi Arabia bypass the Strait of Hormuz, had been shut down as a precaution after the preceding Thursday's attack.

Al Jazeera · Sep 15, 2026