President Donald Trump’s maiden sanctions package targeting a handful of vessels carrying Iranian oil stopped short of the “maximum pressure” campaign his administration had pledged, according to shippers and analysts.

The U.S. on Thursday imposed sanctions on a network of more than a dozen people and firms that are accused of facilitating the shipment of millions of barrels of Iranian oil to China.

The U.S. Treasury on Thursday announced new sanctions on an international network of individuals and companies accused of facilitating Iranian oil shipments to China. The sanctions will affect