Justice Dept Revives Ancient Prize Law | Honduras News

Honduras News Today | 2 Min News | The Daily News Now! · Sep 4, 2026 · 2m

The Justice Department is resurrecting prize law — a 1700s maritime rule — to speed up seizures of Iranian oil tankers, bypassing slow civil forfeiture. While it could let the U.S. quickly claim and sell seized cargo for Treasury funds, legal experts warn about logistical hurdles, international legal conflicts, and risky precedents. Last used in the Spanish-American War, this move puts the U.S. in uncharted territory as it navigates how to apply wartime legal tools in today’s global economy. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…