Finely chop the red onion, garlic, and dill for easy incorporation into the sauce.
In a medium saucepan, melt the butter over medium heat. Add the chopped red onion and sauté until translucent.
Add the crushed garlic and sauté for another minute, until fragrant.
Pour in the red wine and cook over medium heat for 5 minutes to allow the alcohol to evaporate and the flavors to meld.
Pour in the freshly squeezed orange juice and stir well.
Add honey, salt, and pepper, then cook for another 5 minutes to allow the flavors to combine.
Dissolve the cornstarch in the cold water, then gradually drizzle it into the sauce while stirring continuously to thicken.
Add the finely chopped fresh dill and cook for another 2 minutes over low heat.
Let it cool slightly, then serve with roasted meats, grilled vegetables, or even seafood.
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