Trump Administration Reviving Centuries-Old Prize Law to Try to Claim Iranian Oil Tankers

Updated on: September 3, 2026 / 2:49 PM EDT / CBS News

Trump Administration Reviving Centuries-Old Prize Law to Try to Claim Iranian Oil Tankers

TL;DR

  • The Justice Department is attempting to revive prize law, a centuries-old maritime law, to seize Iranian oil tankers.
  • Prize law allows for a streamlined process to claim captured vessels and cargo, bypassing civil asset forfeiture.
  • Legal experts express concerns about the practical and legal challenges of applying this ancient law in modern conflicts, particularly regarding jurisdiction and international relations.
  • The revival of prize law is part of a larger trend of the Trump administration utilizing dormant or defunct legal mechanisms.
  • Challenges include physically bringing seized vessels to U.S. ports and potential reciprocal actions from adversaries.