Nigeria, May 12 -- Norway's Sovereign Wealth Fund, the world's largest state-owned investment fund, has divested from Israel's Paz Retail and Energy due to the company's involvement in operating fuel infrastructure in Israeli settlements in the occupied West Bank.

The fund, officially known as the Government Pension Fund of Norway, said on Sunday that it has sold its shares in the Israeli company operating gas stations in the occupied West Bank.

Israeli settlements in the West Bank territory are considered illegal by international law. This is because they violate the Fourth Geneva Convention, which prohibits an occupying power from transferring parts of its own civilian population into the territory it occupies.

According to the Norwe...