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Fortune

Business

Sasha Rogelberg

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'

DOJ United States Iran Oil Donald Trump Justice Department Aaron Reitz Fortune

Donald Trump, standing behind a podium, pantomimes holding a gun. (Credit: om Williams—CQ-Roll Call, Inc via Getty Images)

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 military forces to seize enemy vessels.

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