Norway’s Labor Party Ally Seeks More Oil Fund Divestments

The article discusses an ally of Norway's Labor Party, which recently won re-election, seeking more divestments from the country's sovereign wealth fund. The ally wants to see companies linked to Israel's war in Gaza sold off as a condition of its support for the government. The article notes that Norway's massive $1.4 trillion sovereign wealth fund, the world's largest, has already divested from several companies over their involvement in the Israeli-Palestinian conflict. The Labor Party ally's push for more divestments reflects ongoing debates within Norway about the ethical use of the country's oil wealth. While the article provides some context around Norway's wealth fund and its divestment practices, it does not delve into the specific companies or reasons behind the ally's demands. The focus remains on the broader political dynamics and the potential impact on the new government's formation.