The U.S. Department of the Treasury announced new sanctions targeting Russia's energy sector, specifically Lukoil and Rosneft subsidiaries, on October 22nd, 2025, between 8:03 PM and 9:03 PM UTC. This action, aimed at crippling Russia's war funding and stabilizing its economy, follows President Trump's disappointment with stalled peace talks, according to Treasury Secretary Bessent. Simultaneously, multiple Russian drone attacks occurred, damaging residential buildings in Kyiv and a kindergarten in Kharkiv. Treasury Secretary Bessent stated in an interview that the sanctions, to be announced "this evening or first thing tomorrow morning," will represent a "substantial increase" and "one of the largest sanctions" against the Russian Federation. The move is intended to cut Kremlin war funding and support President Trump's push for a ceasefire. Reports indicate that 3 drones targeted Sofiivka, 2 targeted Pokrovske, and 8 targeted Shiroke, with one drone each hitting Solon, Pavlograd, and Ternivka in Ukraine. In Russia, explosions were reported at the AO "Plastmass Plant" in Kopeysk, Chelyabinsk region, with locals reporting at least three UAVs hitting the facility. Volgograd airport also experienced temporary restrictions on aircraft arrivals and departures, according to Rosaviation. In Kyiv, falling debris was reported in three locations in the Podilsky district, and residential buildings sustained damage. These developments follow a period of intensified attacks, with a Russian drone striking a kindergarten in Kharkiv, and heavy attacks on Kyiv and its surrounding region that resulted in casualties. The previous reporting window saw the U.S. lift restrictions on Ukraine's use of long-range missiles, allowing strikes inside Russia, and reports of explosions at the Plastmass Plant in Kopeysk. The sanctions announcement by the U.S. Treasury comes as tensions remain high, with Russia continuing its offensive operations. The new measures specifically target subsidiaries of Russia's two largest oil companies, Rosneft and Lukoil, for Moscow's refusal to pursue peace in Ukraine.