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Those penalties are likely to target key regime figures and the country’s metals sector, according to a person familiar with U.S. plans to keep squeezing Iran’s economy following the killing of Soleimani.The sanctions will likely be aimed at non-oil sectors of the Iranian economy and fit into a previously disclosed administration plan to choke off other sources of revenue now that the U.S. has clamped down on the country’s oil exports, said the person, who asked not to be identified discussing private deliberations.Pentagon Says Iran Fired With Intent to Kill Troops (1:50 a.m.)U.S. Joint Chiefs of Staff Chairman Mark Milley said Iran targeted personnel with intent to kill in its strike on two bases in Iraq, and that it’s too early to tell what the Islamic Republic will do next.Defense Secretary Mark Esper, briefing reporters at the Pentagon alongside Milley, said 16 Iranian missiles were launched from three sites in the country and that a U.S. warning system gave American forces in Iraq time to protect personnel.

No Americans were harmed” in the attacks, Trump said.Trump said he would impose additional economic sanctions on Iran and would keep the measures in place until the Islamic Republic becomes less bellicose toward the U.S. He said he would ask NATO to become more involved in the Mideast, without elaboration.Trump to Give Iran Address at 11 a.m. (6:34 p.m.)Trump will speak to the American people at 11 a.m. Washington time from the White House on Wednesday to address the confrontation with Iran, the administration said.The speech marks the president’s most significant foreign policy remarks of his tenure as tensions in the region simmer.In the hours after the Iranian strikes, Trump sent a message of reassurance, saying in a tweet, “All is well!”Putin and Erdogan Urge De-Escalation (6:15 p.m.)Russia’s President Vladimir Putin traveled to Istanbul on Wednesday to meet with his Turkish counterpart Recep Tayyip Erdogan.

They issued a joint statement urging the U.S. and Iran “to act with restraint, with common sense and with priority given to diplomatic means.”“We believe that the exchange of strikes and the use of force by either side do not contribute to the search for solutions to the complex problems of the Middle East and lead to a new round of instability, not responding to anyone’s interests,” they said in the statement.No American Casualties in Iranian Strike (2:55 p.m.)There were no American casualties in Iranian missile strikes targeting bases in Iraq that hosted U.S. and Iraqi soldiers, a U.S. official said, asking not to be named because the information hasn’t yet been made public.The attacks used guided missiles and in this instance, Iran appeared to have intentionally aimed the strikes away from Americans on the base, the official said.No British Troops Injured, Says Johnson (3:05 p.m.)Prime Minister Boris Johnson said no British troops had been injured in last night’s attack.

Zarif said he’s sent a message to the Americans “immediately after the attack” but did not elaborate on its contents.Iran Gave U.S. ‘Crushing Response,’ Supreme Leader Says (10:42 a.m.)Iranian Supreme Leader Ayatollah Ali Khamenei said in a televised address on Wednesday that his country had given the U.S. a “crushing response” to the killing of Soleimani and called for an end to the U.S. presence in the region.Turkey Hints Readiness for U.S.-Iran Mediation as Putin Visits (10:53 a.m.)Turkey indicated it’s willing to mediate between the U.S. and Iran as President Recep Tayyip Erdogan prepares to meet Russian President Vladimir Putin in Istanbul to discuss escalating tensions in the Middle East and North Africa.“Turkey is one of few countries and probably the most important one that can speak both with the U.S. and Iran,” Erdogan spokesman Ibrahim Kalin said after a cabinet meeting late Tuesday.Turkish Foreign Minister Mevlut Cavusoglu will visit Iraq on January 9 “within the context of our intensified diplomatic efforts to alleviate the escalated tension in the aftermath of recent developments in the region,” the ministry said in a statement.Iraq says 17 missiles hit Ayn al-Asad base (9:13 a.m.)A Facebook account belonging to the Iraqi prime minister’s office says 22 missiles entered Iraqi airspace early Wednesday, hitting “coalition locations.” It says there were no casualties among the Iraqi forces.

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