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Russia's oil revenue plummeted 29% in October amid volatile global crude prices

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Moscow 's revenue from oil-related taxes dropped 29% year-over-year in October .

Oil and gas proceeds also fell more than 25% to 1.05 trillion rubles , according to the Finance Ministry .

The drop in oil revenue throttles a key source of funds for Russia 's war-driven economy.

Russia 's defense state spending is on track to hit a post-Soviet high in 2025 .