Oil fund gets two weeks to plan Russian exit

The Norwegian Ministry of Finance has given the oil fund two weeks to come up with a plan to divest all of its investments in Russia.
Nicolai Tangen, CEO of the oil fund | Photo: Ntb Scanpix/Reuters/Ritzau Scanpix/via REUTERS / X02351
Nicolai Tangen, CEO of the oil fund | Photo: Ntb Scanpix/Reuters/Ritzau Scanpix/via REUTERS / X02351
by sebastian holsen, translated by catherine brett

The oil fund has been ordered by the Norwegian Ministry of Finance to divest all financial instruments, real estate, infrastructure and cash holdings in Russia.

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