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I once got a red died strop from SRD before it went under that was so oily I never did get it cleaned. The rubbing alcohol was used a ton but it still kept bleading red and was soaked with oil no...

Yep.
This is what I do also. But o ly on a strop I find dry or vintage and needing help. A little goes a very long way. I give it 2 or 3 weeks before deciding if it needs more. If it does need more...