Peter Zeihan addresses a Patreon question comparing the Strait of Hormuz to the voluntary funding model of the Strait of Malacca, concluding the latter is an ineffective precedent. He explains that Iran seeks to impose tolls and control access, significantly disrupting global oil transit despite US naval dominance. Zeihan warns that if the US cannot secure Hormuz, the world may accept a toll-based system, breaking over a century of international maritime law regarding open waterways.