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Rinse the rice, two times and drain.
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In a medium saucepan (with a lid) set to medium high heat, add the uncooked rice and stir to coat with the olive oil. Cook, stirring, until the rice starts to brown.
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Add the water, salt, and lime zest to the rice.
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Bring to a boil and then cover with a lid and lower the heat to low simmer.
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Cook the rice for 15 minutes. Remove the saucepan from the heat and let stand with the lid on for 10 minutes.
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Add the lime juice and chopped cilantro to the rice and toss to combine. Transfer to a serving bowl (if desired.)