The question over Trump’s ‘historic’ refinery deal: $300bn or $40mn?
Reliance Industries has made no announcement to the stock exchange about the project in Brownsville, Texas
Reliance Industries has made no announcement to the stock exchange about the project in Brownsville, Texas

US president hails new project in Brownsville, Texas, as Iran war drives higher fuel prices

Deal comes as Donald Trump faces pressure to limit energy price increases triggered by Iran war

Groups including Reliance stand to benefit as they seek low-cost alternative to sanctioned Russian supply

US permission to buy ‘on-water’ crude leaves Indian refiners still facing Middle East supply shock

Analysts dismiss plan but executives welcome sign of more support for fossil fuel exports

Soaring fuel prices and access to cheap North American crude oil put American refiners in pole position