The Globe and Mail reports in its Thursday edition that oil-and-gas fund manager Eric Nuttall at Ninepoint Partners LP remains bullish on oil even if the Iran war ends, saying that January's $60-a-barrel oil price is history (all figures U.S.). In a Globe special, Shirley Won writes that energy funds have benefited from higher oil prices after Iran blocked the Strait of Hormuz on Feb. 28 to retaliate against bombing attacks from the U.S. and Israel. West Texas Intermediate crude oil futures, which surged to an intraday high of $119.48 a barrel in March, traded Wednesday $92 a barrel. "This is the worst energy crisis of our lifetime, but it is critical to have a medium-term view and not trade the headlines," says Mr. Nuttall. "I am focused on what the day after looks like, when peace eventually breaks out." Mr. Nuttall oversees the Ninepoint Energy Fund and Ninepoint Energy Fund Series ETF. He has invested 90 per cent of his fund in 11 mostly Canadian-listed oil stocks. His holdings include Strathcona, Whitecap, Athabasca Oil and Ovintiv, which recently acquired NuVista Energy. Because Canada has large and long-dated energy reserves, it will be seen by global oil buyers as a "reliable supplier of choice," he adds.