U.S.-Norway Ties Bolstered Through Petroleum Fund Investments, Trump Hosts Top Norwegian Officials

U.S.-Norway relations received a boost this week as President Donald Trump hosted Norwegian Prime Minister Jonas Gahr Støre and Finance Minister Jens Stoltenberg at the White House for high-level talks focused on economic cooperation and strategic investment.

Central to the discussion was Norway’s Government Pension Fund Global often referred to as the Norwegian petroleum fund which holds substantial investments in the United States. Finance Minister Stoltenberg described the fund’s U.S. portfolio as a “significant expression of trust,” reinforcing Norway’s confidence in the American economy.

“Our investments in the United States are not only financial decisions but also reflect the deep and enduring partnership between our two countries,” Stoltenberg said during a joint appearance with President Trump.

President Trump welcomed the remarks, highlighting Norway as a “valued and reliable partner,” and praised the fund’s role in creating jobs and supporting innovation across multiple sectors in the U.S.

The leaders also discussed broader areas of cooperation, including energy security, defense collaboration under NATO, and joint efforts in green technology and Arctic development.

Norway’s sovereign wealth fund the largest in the world has long been a key player in global markets, and its U.S. investments span across infrastructure, technology, real estate, and renewable energy.

Analysts view the meeting as a reaffirmation of strong transatlantic ties, especially at a time when global investment strategies and energy policies are becoming increasingly intertwined with geopolitics.

Further meetings between U.S. and Norwegian officials are expected to continue in the coming months as both nations explore deeper economic integration.