The US seized an Iranian ship for breaching its blockade. What comes next could revive prize law—with implications for doing business in wartime and conflict with China.
Prize and booty sound like pirate talk. For lawyers and sailors, the terms have a technical meaning—although they have not been commonly used since World War II. On April 19, United States Marines seized the Iranian-flagged M/V Touska for violating t… [6166 chars]
Source: Forbes | Published: 2026-04-25T16:44:55Z
Credit: Forbes
