We're excited to launch the new Saudi Arabia deployment region for @TencentRTC Chat (IM)! 🎉
Building for MENA? Here is what this means for you:
🔒 Local data storage in Saudi Arabia
⚡ Lower latency for faster messaging
🛠️ Middle East UI kit & multi-language SDK to ship in 1 day
Dive in and scale your app globally:
#TencentCloud# #TencentRTC# #IM# #ChatSDK# #SaudiArabia# #MENA# #GoingGlobal# #DataResidency# #DeveloperTools# #CloudComputing#
Saudi Oil Exports Show Signs of Recovery
A supertanker has been seen loading at Saudi Arabia’s Ju’aymah terminal for the first time in nearly a month, suggesting the kingdom may be resuming more crude exports through its Persian Gulf facilities. The VLCC can carry roughly 2 million barrels of oil.
Saudi Arabia had shifted millions of barrels of exports to its Red Sea port of Yanbu after disruptions around the Strait of Hormuz. However, Houthi threats against Saudi-linked ships have complicated those routes, while satellite images show reduced activity at Yanbu.
Saudi Arabia reported to OPEC that it increased crude oil production by just over 1 million barrels a day last month, a reflection of the recovery among Persian Gulf producers during a brief ceasefire in the Iran war.
Saudi Arabia's crude export flows are facing renewed uncertainty:
Saudi Arabia's crude exports fell -460,000 barrels per day in July, to 4.19 million barrels per day.
The 746-mile pipeline carrying crude from Saudi Arabia's eastern oil fields to the Red Sea coast has been a key factor in bypassing the Strait of Hormuz, making Yanbu Saudi's primary alternative export route.
However, Yanbu has faced fresh threats after Yemen's Houthis pledged to blockade Saudi ports and claimed attacks on Saudi vessels and energy facilities last month.
Meanwhile, Yanbu shipments have become harder to track as more vessels switch off their transponders, though satellite images showed 6 very large crude carriers loading at the port over the weekend, a possible sign exports are picking back up.
Saudi Arabia's crude exports remain highly volatile.
Saudi Arabia, Turkey and Pakistan have signed a key defense agreement, Pakistani officials said, deepening cooperation between the three regional powers at a time of growing security concerns.