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DOJ plans to revive maritime prize courts to seize Iranian oil tankers as war prizes: report
Source: foxbusiness.com
Geopolitics & WarLegal & LitigationSanctions & Export Controls
The DOJ is reactivating maritime prize courts to pursue Iranian oil tankers seized during a naval blockade, designating them as war prizes. Any proceeds would be directed to the U.S. Treasury, reinforcing enforcement around sanctions-related maritime activity rather than signaling a direct, immediate change to broad macro policy.
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