To clarify the ownership of crude oil produced within the jurisdiction of the Kurdistan Regional Government of Iraq and to authorize the President to provide defense articles and defense services to the Kurdistan Regional Government of Iraq.

States that crude oil produced within the jurisdiction of the Kurdistan Regional Government of Iraq shall, upon entering U.S. jurisdiction, be deemed to be owned exclusively by the Kurdistan Regional Government of Iraq or by any person that purchased such crude oil from the Kurdistan Regional Government of Iraq.

Authorizes the President to provide defense articles and defense services directly to the Kurdistan Regional Government of Iraq.