An LR1 tanker owned by Hafnia suffered an explosion early Dec. 14 while discharging a gasoline cargo at Saudi Arabia’s western port of Jeddah, sources with direct knowledge of the matter told S&P Global Platts. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The incident is likely to have only a limited impact on regional supply-demand dynamics since gasoline supply in the Middle East is abundant, according to industry sources. “There are enough cargoes to make up for the loss of one LR tanker. At most, there might be some delay in logistics wise. Traders [in the Middle East] are quite […]