In pressure cooker, combine rice, olive oil and water. Close lid, bring to high pressure then lower heat on stove and cook for 8 minutes.
Release pressure (cold water or automatic, according to manufacturer's directions), open lid and add honey and sugar to rice mixture.
Stir in evaporated milk, milk and egg yolks. Cook over medium heat for 3 minutes or until mixture thickens. Stir constantly.
Add raisins and vanilla extract.
Spoon into dishes and sprinkle with cinnamon. Serve hot or cold.
Recipe courtesy of Fagor