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Norway Divests from Caterpillar, Sparks Controversy Amid Gaza Conflict

8/30/2025

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Summary

Story summary

Norway's sovereign wealth fund divested from Caterpillar and five Israeli banks due to human rights violations in Gaza.
The fund's investment in Caterpillar fell significantly, with a 21% profit decline amid rising tariffs.
Senator Lindsey Graham criticized the divestment, threatening Norway with tariffs and visa restrictions.
Graham's remarks faced backlash, referencing past incidents involving Caterpillar machinery in Gaza.
The Gaza conflict has led to over 63,000 reported deaths, raising humanitarian law concerns.

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Story summary

Norway's sovereign wealth fund divested from Caterpillar and five Israeli banks due to human rights violations in Gaza.
The fund's investment in Caterpillar fell significantly, with a 21% profit decline amid rising tariffs.
Senator Lindsey Graham criticized the divestment, threatening Norway with tariffs and visa restrictions.
Graham's remarks faced backlash, referencing past incidents involving Caterpillar machinery in Gaza.
The Gaza conflict has led to over 63,000 reported deaths, raising humanitarian law concerns.