The oil market faces the largest supply disruption in its history, yet prices aren't that high compared to the past. Wall Street analysts have five reasons why.

“The market has been complacent,” Chen Chien-Ming, an associate professor at NTU, says, blaming investors' "wishful thinking that the war will soon end.”

The oil market faces the largest supply disruption in its history, yet prices aren't that high compared to the past. Wall Street analysts have five reasons why.

It's time to take a closer look with stocks rallying into the third month of the U.S.-Iran conflict.