After the US-Iran deal was signed, the embargo on the coast of Hormuz was lifted.

The US-Iran agreement to extend the ceasefire centers around 14 main pointsIt would include an end to conflict “on all sides,” an end to the embargo, the reopening of the Gulf of Hormuz, a denuclearization of Iran, and a $300 billion fund for the country’s “reconstruction and economic development” — though the United States would not be required to contribute.