Thanks for the replies.
Yes, I machine CI dry for almost all operations due to the graphite content (as I indicated in my OP) . The only time I use (extra) lube is thread cutting, mainly because the tool catches the 'grinding paste', particularly in blind holes – thus minimising dust into the atmosphere (if needed to be blown out). It was only for the purpose of reaming, not general machining (including boring) that I was asking about, as there is such minimal material removed.
Removing oil from a tap is easy enough, so I would anticipate no paricular problem with a reamer. Solvent for the oil or detergent in an ultrasonic cleaner easily suffices, if total clealiness is required.
Thanx to Alan and Nigel B for the confirmation that, while not necessarily rrequired, oil or cutting fluid can be appropriate.