Goldman Sachs strategist Timothy Moe warns that rising oil prices triggered by the Iran conflict could dent corporate earnings across Asia. Speaking on Bloomberg Television, Moe highlighted the vulnerability of Asian markets to energy price volatility, noting that many regional economies depend heavily on oil imports.

Moe also identified opportunities in the Asian defense sector as geopolitical tensions reshape investment landscapes. He suggested that companies supplying military equipment and security services could benefit from increased government spending in response to regional instability. The strategist's comments come amid growing concerns about energy security and defense preparedness in the Asia-Pacific region.

While Moe did not provide specific earnings impact estimates, his analysis signals caution for investors tracking Asian equities. The potential earnings pressure from higher oil prices could offset gains in other sectors, particularly if the Iran conflict escalates. Moe's dual focus on risks and opportunities reflects the complex investment environment facing Asia's corporate sector.