[Morgan Stanley: If oil prices rise to $120, it will pose a serious threat to Asian economies] Deep Tide TechFlow reports, on March 23, according to Jintou data, Morgan Stanley analysts pointed out in a research report that if oil prices rise to $120 per barrel, it could pose a significant threat to economic growth in Asia. These analysts believe that every $10 increase in oil prices per barrel is likely to directly negatively impact Asia's GDP growth by 20 to 30 basis points. They noted that if oil prices rise to $120 per barrel, Asia's spending on oil and natural gas will account for 6.3% of GDP. If the conflict persists and commodity prices remain high, the strength of policy buffers will also be weakened. If the conflict continues, central banks in the Philippines, Indonesia, India, and South Korea may have to start raising interest rates by the end of the third quarter or the fourth quarter.