The U.S. may soon receive $600 million worth of Iranian oil that was seized earlier in the war, putting an ancient body of maritime law back in focus
- Posted on September 27, 2026
- By Fortune
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- 1 min read
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The U.S. may soon receive $600 million worth of Iranian oil that was seized earlier in the war, putting an ancient body of maritime law back in focus
The legal channel the administration is using to seize the tankers is known as prize law and has its roots in the Middle Ages.