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English Updated story link_only 29.08.2026 00:00 UTC v1 Cronkite

Justice Department revives centuries-old prize law to seize Iranian oil tankers

The Trump administration is reviving prize law, a centuries-old maritime legal doctrine, to seize Iranian oil tankers and sell their assets amid the conflict with Iran. The move could expedite captures but faces legal challenges.

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The Trump administration is reviving prize law, a centuries-old maritime legal doctrine, to seize Iranian oil tankers and sell their assets amid the conflict with Iran. The move could expedite captures but faces legal challenges.

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