Cayler Capital's oil fund surged more than 18% in March, its second best month on record, as the Iran war upended global energy markets and created profit opportunities. The conflict between Israel and Iran has caused significant supply disruptions in key oil-producing regions, triggering sharp price spikes and volatility that fund managers exploited through strategic positions in energy equities and commodities. Market analysts attribute the fund's strong performance to its focus on volatile energy plays and geopolitical risk exposure, suggesting investors increasingly seek such vehicles amid persistent Middle East tensions. Cayler Capital's success underscores the growing appetite for specialized funds that can navigate energy market disruptions, though it remains unclear whether this momentum will sustain as geopolitical risks evolve.