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As a follow up, I do not clean the oil off of the blade prior to stropping. Because the amount of oil on the bevel is minimal, there is no need to wipe it off. I just strop one or two strokes on...

I dip my razors in a solution of 0.5% mineral oil in isopropanol (rubbing alcohol). The alcohol evaporation eliminates residual water and leaves behind a thin layer of oil.