01 - Combine drained cashews, roasted red bell pepper, nutritional yeast, lemon juice, garlic powder, onion powder, smoked paprika, cumin, chili powder, turmeric, salt, and water in a high-speed blender. Process until completely smooth and creamy, stopping to scrape down sides as necessary.
02 - Check sauce texture and add additional water 1 tablespoon at a time if needed to reach desired pouring consistency. Blend briefly after each addition.
03 - Sample the sauce and adjust seasoning with additional salt or lemon juice as preferred. For increased spiciness, incorporate hot sauce or chipotle and blend to combine.
04 - Transfer sauce to a small saucepan and warm over medium-low heat, stirring frequently for 5-7 minutes until heated through and slightly thickened.
05 - Present immediately as a warm dipping sauce or drizzle generously over nachos, tacos, or roasted vegetables.