Money
Trump says India’s Reliance will back first new US oil refinery in 50 years
US president hails new project in Brownsville, Texas, as Iran war drives higher fuel prices
editorial-staff
1 min read
Updated about 1 month ago
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Update at 02:17 UTC on 2026-03-11
CNBC reported U.S. President announced a $300-billion refinery project in Texas backed by India's largest private energy company.
Sources: CNBC