Last week, Norway’s Oil Fund announced that it will boycott the American company Caterpillar. The reason? Israel buys Caterpillar equipment and some of it is used by the IDF. Norway’s $2 trillion sovereign wealth fund excluded heavy-equipment maker Caterpillar based on Israel’s use of its bulldozers to destroy Palestinian property in Gaza and the West Bank https://t.co/LtAVeOxSej — Bloomberg (@business) August 26, 2025 This boycott didn’t happen in a vacuum—it’s part of a wider political strategy tied directly to Norway’s upcoming elections. And for activists, it’s a test case: can the Oil Fund be turned into a tool to pressure global corporations? Norwegians understand that this is a mistake. Boycotts risk major financial losses. The Oil Fund was designed as the nation’s savings account for…
Click here to read the full article at The Gateway Pundit.
