SRINAGAR: US President Donald Trump has announced a historic partnership with India’s Reliance Industries Ltd to build America First Refining, the first major new oil refinery in the United States in half a century. The $300 billion project, unveiled on Trump’s social media platform Truth Social, is being hailed as the largest investment in US history.
The refinery, located at the Port of Brownsville, Texas, is expected to create thousands of jobs and operate as the world’s cleanest major refining facility. Officials say the project aligns with Trump’s America First agenda of lowering taxes and streamlining permits to achieve energy dominance.
The announcement comes amid escalating tensions in West Asia, where Iranian strikes on energy infrastructure and military bases have disrupted global oil supplies through the Strait of Hormuz. By boosting domestic production and exports, the new refinery is aimed at strengthening national security and stabilising energy markets.
Construction is expected to begin later this year, with commercial operations projected within the next five years. Trump described the initiative as a “landmark deal for American energy leadership” and a critical step toward securing the nation’s economic and strategic interests.
