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Norway fund pulls out of Israeli firm over West Bank settlement links
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<span class="field field-title">Norway fund pulls out of Israeli firm over West Bank settlement links</span>
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<div class="field field-field-text"><p data-end="89" data-start="0">Norway’s sovereign wealth fund has offloaded all its shares in Israel’s Paz Oil Company, citing its operations in illegal Israeli settlements in the occupied West Bank.</p>
<p data-end="681" data-start="323">The world’s largest wealth fund announced the divestment on Sunday, pointing to Paz’s role in supplying fuel infrastructure to the settlements as the reason. “This is a clear violation tied to activities in the occupied Palestinian territories,” the fund stated, referencing the stricter ethical guidelines introduced in August 2023 by its Council on Ethics.</p>
<p data-end="795" data-start="683">The fund had already dumped shares in Israeli telecoms giant Bezeq in September under the same revised criteria.</p>
<p data-end="1183" data-start="1040">Since Israel’s war on Gaza began in October, several European firms have cut ties with companies operating in occupied Palestinian territories.</p>
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