Money and business
Despite the decline, oil is near its highest level due to the disruption of navigation in the Strait of Hormuz
Retracted rose by about 1% at settlement, Thursday, but remains near its highest levels since mid-June due to fears of continued disruption to navigation in .
And futures contracts for 72 cents, equivalent to 0.9%, to reach $84.23 per barrel upon settlement.
US West Texas Intermediate crude futures fell 65 cents, or 0.8%, to $78.95 per barrel.
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