O level chemistry wouldn’t be much help, this is a materials compatibility question. There’s plenty of data available if you know what the seals are made of, I assume the modern 0 ring seals are all made from nitrile rubber, which is fine with ethanol and isopropanol so you should be OK. Viton rubber doesn’t like alcohols but I can’t see Viton being used for watch seals.
If I can find some hand sanitiser I could try soaking an O ring and check, I have plenty of O rings but no hand sanitiser.........could always use whisky but that’s only 40% ethanol.