Ukraine has sustained a campaign of long-range drone strikes against Russian energy, logistics, and military sites, including repeated operations in Moscow Oblast through July 2026, with incidents reported on July 20 and July 28 that caused fires, injuries, and damage claims despite Russian air defense intercepts. These actions form part of Kyiv’s broader effort to impose costs on Russian rear areas in response to Moscow’s missile and drone barrages on Ukrainian cities and infrastructure. Trader assessments reflect the ongoing frequency of such strikes, Russian defensive capabilities, Ukrainian production and Western supply constraints, and any diplomatic signals that could alter targeting priorities or escalation thresholds before the market resolution date.