According to analysts at Rabobank, the actual blockade of the Strait of Hormuz and ongoing attacks on shipping are likely to persist for at least four weeks to three months, with disruptions to oil and liquefied natural gas supplies potentially lasting even longer. The bank has raised its Brent crude price forecast for the second and third quarters to $85 per barrel and increased its fourth-quarter projection to $81.50 per barrel, up from previous estimates in the mid-to-low $70 range. Additionally, Rabobank has revised its expectations for European TTF natural gas prices upward to €50 per megawatt-hour in the second quarter, €48 in the third quarter, and €40 in the fourth quarter, compared to prior forecasts of around €31.