DOJ is turning to an ancient body of law to capture Iranian oil tankers. It’s been so long since the U.S. used it, ‘we’d have to conduct a séance’ | Fortune0

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• August 28, 2026

The Trump administration is bringing back a centuries-old legal tradition that would allow it to more easily seize Iranian oil tankers and sell off their assets. Aaron Reitz, who is the U.S. Attorney in the Houston-based Southern District of Texas,  confirmed to Fortune the revival of prize law, or a set of rules allowing for