Combine all ingredients in a blender and blend until smooth. Taste and adjust seasonings as desired. Alternatively, you can chop the jalapeno into tiny pieces and whisk it into the other ingredients in a small bowl. Store in an airtight container and chill before serving for best taste.
Notes
For more spice, use 2 jalapenos.
To make vegan, sub granulated sugar for honey.
Store in an airtight container in the fridge for 3 to 4 days. Shake well before using.