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Thailand, India, Indonesia risk biggest fallout from geopolitical shocks

Palestinians search for casualties under the rubble of a house destroyed in Israeli strikes in Khan Younis in the southern Gaza Strip on Monday. (Reuters photo)

A triumvirate of high oil prices, a surging dollar and geopolitical instability are set to weigh on India and Indonesia among Asia’s emerging markets, while energy exporter Malaysia may prove a rare beneficiary.

Economists are fretting over the fallout on developing Asia from a widening of the Israel-Hamas…

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