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Ammunition warehouses detonating after a UAV attack in Toropets, Tver region of Russia.
(i.imgur.com)
https://t.me/belnarrepublic/14753
https://t.me/operativnoZSU/157750
NASA FIRMS
Jet engine noise, possibly from a Ukranian "Palyanytsya" cruise missile.
https://t.me/yigal_levin/72508
Do people in the area close to it have to worry about stray bullets flying out?
Bullets don't have much energy unless the explosion is contained/directed inside a barrel. Here is a firefighting demonstration on how to deal with burning ammo. The tl;dw is: just make sure you are wearing the facemask and other insulated clothing so you don't catch one in the eye, but they are otherwise harmless.
Also, as Wileshire mentioned: larger things like rockets and missiles can be dangerous still as the rocket motor can ignite, and send the whole thing at high speed to nearby areas.
Probably not, but definitely rockets and missiles.