Norway’s Government Pension Fund Global, the world’s largest sovereign wealth fund with more than $1.7 trillion in assets, announced on Sunday it has sold all its shares in Israel’s Paz Retail and Energy Ltd.

The fund, which invests surplus capital from Norway’s petroleum sector, quit the stock because Paz operates infrastructure for the supply of fuel to Israeli communities in Judea and Samaria.

“By operating infrastructure for the supply of fuel to the Israeli settlements on the West Bank, Paz is contributing to their perpetuation. The settlements have been established in violation of international law, and their perpetuation constitutes an ongoing violation thereof,” according to a May 11 statement on Norway’s Council on Ethics website.