This sauce has a unique balance of savory and sweet, with a slight heat on the back end. It is perfect for slathering over pork ribs, smoky brisket or grilled veggies.
Combine all ingredients in a 2-quart saucepot and bring to a simmer. Reduce heat to low and simmer for an additional 10 minutes. Cool and transfer to an airtight container until ready to use.