As was suggested earlier just use hot soapy water. Dish soap generally works best. Keep working the knife open and shut while submerged. Rinse with hot water. The hot water evaporates quicker. Hitting it with compressed air to dry isn't a bad idea either, but air drying should be fine if that's not an option. Shake it out.
They sometimes sell cans of compressed air at the dollar store. I'm told that they can be useful for cleaning out folders and such, but I think an actual air compressor would be a lot better.
Hit it with oil. Keep working it open and shut. If it doesn't immediately return to the kind of smooth feel that you think it should, then set it down. Let the oil work its way in. Pick it up periodically and work it open and shut. Just keep working at it from time to time. Eventually it should get back to normal. Make sure to check to see if anything around the pivot is tweaked or bent. That will obviously affect it.
Repetition can and does eventually work, so repeat the whole process a few times if needed.