Re: 1979 merc 90 hp prop leaking oil
If the oil is like the gearlube in the gearcase, then it's a seal leak. If not, it's probably unburnt 2-stroke oil. That can come from a carb problem, fuel pump problem, or just as a result of a lot of low speed operation.
The thrust hub is the washer you put on first, before the prop. The prop hub is a rubber cushion pressed into the prop. Neither should have anything to do with your problem.
If it's gearlube, you could have either a bad propshaft seal(s) or a bad driveshaft seal(s). Could be a combination of both. It's either leaking past a bad propshaft seal, or the driveshaft seal is bad, allowing some water from beneath the water pump to be forced into the gearcase, forcing gearlube past the propshaft seal.
Considering it's age, if the gearcase hasn't been resealed, it's way past due.