US-Norway spat over wealth fund's Caterpillar exit is settling, foreign minister says

  • Posted on September 25, 2025
  • By Yahoo News
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US-Norway spat over wealth fund's Caterpillar exit is settling, foreign minister says

UNITED NATIONS/OSLO (Reuters) -A spat between the United States and Norway over the Nordic country's wealth fund's divestment from U.S. construction equipment-maker Caterpillar appears to be coming to an end, Norwegian Foreign Minister Espen Barth Eide said. Washington and Oslo have been at odds over the decision by Norway's $2 trillion sovereign fund, the world's largest, to divest in August from Caterpillar due to the company's supply to Israel of bulldozers used in Gaza and the occupied West Bank.
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