The US government is exploring the use of prize law, an ancient maritime system, to handle Iranian oil and ships seized as part of a naval blockade. This legal route, largely unused since World War II, allows courts to determine if captured vessels and cargo can legally become US property. The Justice Department and Pentagon are preparing to implement this system. Prize proceedings could potentially streamline disputes and expedite the sale of captured oil, with proceeds going to the US Treasury. Houston is being considered as a venue due to its port and petrochemical infrastructure. Reverend prize courts aims to exert further economic pressure on Iran and signal the seriousness of the blockade. Supporters believe this could generate revenue and deprive Iran of export income. Reviving prize law also reinforces the blockade as a wartime measure, not just sanctions. However, there are significant uncertainties about applying this centuries-old framework to modern international law. Judges, prosecutors, and the Navy lack experience with these cases, requiring procedures to be rebuilt. Shipowners are expected to contest seizures, and geopolitical risks include setting a precedent for other nations. Ultimately, invoking prize law offers a potentially faster way to convert captured assets into revenue but revives a long-dormant area of wartime law.