Macquarie: The energy industry may benefit from rising fuel prices

```htmlGolden Ten Data April 9｜Macquarie stated in a stock research report that fuel prices in Southeast Asia have surged significantly and are unlikely to return to pre-Iran conflict levels in the short term. The bank said it remains optimistic about energy-related sectors, including crude oil and alternatives such as palm oil, while avoiding discretionary consumer goods, hotel, and leisure industries. The bank noted that after a sharp rise in oil prices, it usually takes about six months for consumer inflation to start increasing significantly. It added that energy subsidies in Malaysia and Indonesia may temporarily cushion the negative impact on consumers.```