US Looks To Revive 'Prize Courts' For Iranian Oil Seizures

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Source: Zero Hedge
Published: 2026-08-29 13:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Business, Crime & Justice, Justice, Energy, Law & Courts
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Snippet:
The US government is exploring an unusual legal route for dealing with Iranian oil and ships captured as part of its blockade: bringing back a wartime maritime system that has barely been used for generations, according to Bloomberg.
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