Asia shares lifted by US futures, oil climbs

SYDNEY: Asian shares joined U.S. stock futures in making cautious gains on Monday ahead of U.S. inflation data this week, while the euro touched a seven-year top against the yen amid wagers on European Central Bank tightening.

Oil prices firmed after Saudi Arabia raised prices sharply for its crude sales in July, an indicator of how tight supply is even after OPEC+ agreed to accelerate output increases over the next two months.