Rinse the rice in cold water until the water runs clear. Drain well.
In a medium saucepan, heat butter and olive oil over medium heat. Add the diced onion and sauté for 2-3 minutes until translucent.
Add minced garlic and cook for another 30 seconds until fragrant.
Stir in the rinsed rice, lemon zest, oregano, thyme, and bay leaf. Toast the rice for about 2 minutes, stirring constantly.
Pour in the water, lemon juice, salt, and pepper. Bring to a boil.
Reduce heat to low, cover, and simmer for about 18-20 minutes, or until the rice is tender and the liquid is absorbed.
Remove from heat and let stand, covered, for 5 minutes.
Discard the bay leaf. Fluff the rice with a fork and stir in the chopped parsley.
Notes
While long-grain white rice works best, you can use basmati or jasmine rice for different flavors and textures.Adjust the amount of lemon juice and zest to your taste preference. For a milder lemon flavor, start with less and add more if needed.Refrigerate any leftovers in an airtight container for up to 5 days.