The U.S. national average price for regular gasoline climbed back to $4.003 per gallon on Monday, according to data from AAA. The figure marks the first time in over a month that fuel prices have crossed the $4 mark.
Diesel prices also rose, reaching a national average of $5.11 per gallon on Monday.
The increase follows renewed strikes between the U.S. and Iran as both nations vie for control over the Strait of Hormuz, a critical transit route for global oil supplies.
Prior to the latest escalation, pump prices had reached a high of $4.56 per gallon in May following the outbreak of conflict on Feb. 28, before moderating in June after both parties reached an interim agreement.
Rising crude oil prices continue to drive costs higher at the pump. International benchmark Brent crude rose 3.2% to $90.95 per barrel on Monday, while West Texas Intermediate (WTI), the U.S. benchmark, gained 2.8% to trade at $84.04 per barrel.
The upward trend comes ahead of upcoming U.S. midterm elections. According to a Gallup poll released last month, two-thirds of surveyed Americans reported that rising fuel costs have caused financial hardship for their households.
READ: Pentagon Identifies Two Soldiers Killed In Iranian Attack On Base In Jordan
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