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Real-time News
Yemeni Presidential Leadership Council Chairman Alimi: The Houthi movement in Yemen will not go unchallenged. There is no contradiction between the governments continued deterrence operations and its pursuit of peace.On August 13th, satellite imagery showed that for the first time in weeks, a very large crude carrier (VLCC) docked at the Al-Juama port near Rastanura, Saudi Arabias main export port in the Persian Gulf, indicating that Saudi Arabia is striving to maintain crude oil exports. However, shipping activity at Saudi ports remains affected by the war with Iran, the situation in the Strait of Hormuz, and the Houthi threat. As the worlds largest oil exporter, Saudi Arabia has recently shifted some of its crude oil shipments to the Red Sea port of Yanbu and exports to the Mediterranean via the Sumed pipeline. Meanwhile, activity at Yanbu port has decreased compared to before, with only three tankers currently observed docked, carrying approximately 3.4 million barrels of crude oil. Analysts believe that Saudi Arabias export routes are shifting from the traditional Bab el-Mandeb Strait to Asian markets to an alternative route via the Red Sea and connecting to the Suez Canal, in order to reduce regional security risks. Due to the disabling of automatic positioning systems on some tankers and the intervals in satellite observations, the actual scale of Saudi crude oil shipments is still difficult to fully confirm.Sources say that Google (GOOG.O) executives held an all-hands meeting last week to discuss restructuring of the artificial intelligence division in response to employee concerns.Sources say that Google (GOOG.O) co-founder Sergey Brin has been urging employees in recent months to focus on bringing the Gemini model back to the forefront of artificial intelligence.According to the Globe and Mail, Canada is weighing a proposal regarding auto tariffs while seeking a tariff exemption from the United States. This proposal would maintain exemptions for the value of U.S.-made auto parts exported from Canada.
