Step 1: Set the Instant Pot to saute mode and add oil. Once it heats, add the onion and jalapeno. Saute for 4-5 minutes or until the onions begin to brown.
Step 2: Cancel the saute mode and add all the remaining ingredients. Mix well and secure the IP lid.
Step 3: Set the Instant Pot in Bean/Chili mode for 40 minutes. Do a natural pressure release for 10 minutes, then do a quick manual release of the remaining pressure.
Step 4: Blend using an immersion blender until it reaches the desired consistency.
