Norway PM Orders $2 Trillion Wealth Fund Review of Israeli Jet Engine Maker; Fund Admits Investment Mistakes Amid Gaza Conflict

Norway has instructed its $2 trillion sovereign wealth fund, one of the world's largest, to conduct a comprehensive review of its investments in Israeli companies following public backlash over holdings linked to the Gaza conflict. Prime Minister Jonas Gahr Store directed the finance minister to reassess the fund's stake in an Israeli jet engine manufacturer amid concerns about the fund's role as a responsible investor. The fund has acknowledged shortcomings in its investment oversight related to the Israeli defense firm. This move comes amid broader international responses to the Gaza war, including Slovenia's import ban on goods from Israeli settlements.