IT could be the bearing inside the fan has dried out.
One of the most common deaths in a fan, and one that is typically ran in a horizontal position, as the bearing lube will seep down, and dust will collect in its place.
Try spinning it by hand, do you notice resistance?
You should have almost no resistance, if you notice resistance, the bearing is done, you got dust in the fan, and under most situations its not worth it to relube it, as it will just repeat the problem over.
There are certain bearings which are more durable in the horizontal possition, but under most conditions fans like to run vertically.