Highlights:

• Major Tropical Cyclone Threatens Mine Region in North Australia — A strengthening storm off Australia's northern coast is expected to bring destructive winds and heavy rains to the North Queensland mining region later this week. Bloomberg

• Libya Redirects Oil Flows After Sharara Pipeline Leak and Fire — Libya's National Oil Corp. reported a fire following a pipeline leak from the country's largest oil field. Bloomberg

• PetroChina Keeps Downstream Gas Offers Stable Despite War Risks — PetroChina will maintain largely unchanged contract prices this year to shield industrial consumers from surging global energy prices amid Middle East conflict. Bloomberg

• Brazil's BRB Nixes Meeting to Vote on $1.7 Billion Capital Boost — Banco de Brasilia canceled an extraordinary shareholder meeting scheduled to vote on a capital increase designed to cover losses from transactions with failed Banco Master SA. Bloomberg

• Aluminum Piles Up in China as Iran War Shrinks Global Supply — Aluminum prices surged to a four-year high but are struggling to attract buyers in China as global supplies tighten due to the Iran conflict. Bloomberg

• Malaysian King's Daughter Becomes Chairman of Second 5G Provider — Tun Aminah Sultan Ibrahim Ismail, daughter of King Sultan Ibrahim Iskandar, has been appointed chairman of U Mobile Sdn., succeeding founder Vincent Tan. Bloomberg

• Morocco Becomes African Football Champion After Winning Appeal — Senegal was stripped of its African Cup of Nations title after the tournament's governing body ruled the team forfeited the final by walking off the pitch. Bloomberg

• Trump Officials Fire Back at Anthropic Over AI Tool Ban — The Trump administration vowed a legal fight to remove Anthropic PBC from all US government agencies following a dispute over the company's AI technology use. Bloomberg

• Cooking Gas Shortage Spurs Fistfights, Use of Firewood in India — See source link. Bloomberg

• Sydney Shock Jock Sandilands Has $71 Million Deal Terminated — Australia's largest radio network ARN Media Ltd. terminated a A$100 million contract with its biggest star Kyle Sandilands, facing potential legal action. Bloomberg

• Berlin Airport Faces Shutdown as Union Escalates Pay Dispute — Berlin Brandenburg Airport is set for a complete shutdown Wednesday due to a planned labor strike that threatens to cancel flights and disrupt over 50,000 travelers. Bloomberg

• Trans Mountain Readies Expansion in 2027 as Pipeline Space Fills Up — Trans Mountain Corp. is planning expansion projects for its main pipeline to add capacity beginning early next year as export space from western Canada becomes tight. Bloomberg