India and Indonesia are expected to be negatively affected by high oil prices, a strong dollar, and geopolitical instability. Malaysia, on the other hand, may benefit from rising oil prices. Economists are concerned about the impact of the Israel-Hamas conflict on developing Asian economies, particularly in terms of oil supply and potential growth. The rise in the dollar and long-term Treasury yields further exacerbate the risks for economies with high current-account deficits.
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