Asian shares advanced after a robust U.S. jobs report improved the outlook for global growth, although the stronger data reduced expectations for a pause in interest-rate increases. Oil prices also moved higher after U.S. and Iranian attacks on ships in the Gulf. Brent crude rose 0.2% to $96.45 a barrel after gaining almost 10% last week, while U.S. crude climbed 0.4% to $91.85. Tehran said it would announce a restricted zone outside the Strait of Hormuz in coming days after U.S. forces hit three Iranian tankers and Iran's Islamic Revolutionary Guard Corps launched ballistic missiles at two U.S. Navy ships. The resulting inflation risk has increased the importance of the U.S. August CPI report due Friday, with median forecasts calling for a 0.2% rise in core prices and a 0.3% upside risk. Markets see the European Central Bank as certain to raise rates to 2.75% on Thursday and price a 75% chance of another increase to 3.0% by December. Investors are also pricing a 58% chance of a Federal Reserve hike on September 16 and a 70% chance of a move in October, while the Bank of Japan has a 75% implied probability of raising rates by 25 basis points on September 18. Rising Treasury yields continued to weigh on equity valuations, while debt and policy concerns limited the dollar's response to the jobs report and supported demand for gold. JPMorgan's Bruce Kasman said central banks are now moving after remaining patient through the energy shock; he forecast two more ECB and BoJ hikes before year-end and said the Fed could move earlier and more aggressively than its baseline forecast for a December hike.