Set oven to 475 degrees.
Pat lamb dry and place flat on a roasting rack set over a rimmed baking sheet.
Drizzle olive oil over the lamb, then sprinkle with Mediterranean Dry Rub until evenly coated.
Place in oven and roast until an instant-read thermometer reads 130 degrees for medium-rare, about 30-40 minutes.
Remove from oven, tent loosely with foil, and let rest for at least 20 minutes before slicing and serving.
Notes:
When determining the amount of lamb to prepare, plan on serving about ⅓ to ½ pound per person. If you want to ensure leftovers for your guests, budget for ½ pound per person.