Norway's sovereign wealth fund, the world's largest with assets totaling approximately $2 trillion, has divested its entire $2.1 billion stake in U.S. construction equipment manufacturer Caterpillar, as well as investments totaling $661 million in five Israeli banks. The fund cited ethical concerns, specifically the use of Caterpillar's bulldozers by Israeli authorities to destroy Palestinian property in Gaza and the West Bank, which it described as contributing to "extensive and systematic violations of international humanitarian law." The divestment decision was based on an assessment of an "unacceptable risk" that these companies are involved in serious human rights violations in conflict zones. The five Israeli banks divested include some of the largest financial institutions in Israel. The Norwegian central bank operates the fund and emphasized the legal risks linked to potential criminal and civil liability for war crimes. The move has drawn criticism from U.S. Senator Lindsey Graham, who threatened retaliatory tariffs and visa restrictions against Norway. The Norwegian prime minister responded to these criticisms, defending the fund's independent decision to prioritize ethics over political considerations.