
Trump Announces $300B Reliance-Backed Texas Refinery Aimed at U.S. Shale Oil
President Trump announced a $300 billion plan to build the United States’ first new refinery in 50 years in Brownsville, Texas, funded by Mukesh Ambani’s Reliance Industries, to process 100% American shale oil and boost energy security and economic impact as global oil prices rise amid Middle East tensions.













