Heat the oil in a saucepan then add the rice. Coat the grains with oil, taking care to stir regularly with a spatula.
Pour the hot water over the rice, season, bring to a simmer, then cover and cook gently for around 15 minutes.
Meanwhile, toast the pine nuts lightly in a nonstick saucepan, followed by the almonds.
Serve the rice with the almonds and pine nuts.