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Trump says U.S. will build first refinery in 50 years with investment by India’s Reliance

March 11, 2026

President Donald Trump announced Tuesday that the U.S. will get its first oil refinery in 50 years, funded by investments from Indian billionaire Mukesh Ambani’s Reliance Industries .

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Trump says U.S. will build first refinery in 50 years with investment by India’s Reliance

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