Bangladesh, March 11 -- Indias energy giant, Reliance Industries, is set to invest in a massive oil refinery project in Texas, marking a potentially historic step in US-India energy collaboration, according to US President Donald Trump. The proposed refinery, to be developed by America First Refining, is being hailed as the first new US oil refinery in 50 years, signaling a major expansion in domestic refining capacity amid rising global energy tensions.

President Trump, in a March 11 post on his Truth Social platform, announced that Reliance Industries would serve as a key partner in developing the new refinery at the Port of Brownsville, Texas. The project is being promoted as part of Americas return to “real energy dominance,...