Heat a medium sized saucepan over medium heat. When hot, add the olive oil and then add the onion. Saute until the onions begin to soften and become translucent, about 10 minutes.
Add the garlic and cook for another minute or two.
Add the tomatoes (with juice), stir, lower heat and simmer for 7 - 10 minutes.
Add the jalapeno peppers, lime zest, olives, capers, cinnamon, bay leaves, oregano, parsley and wine (water). Stir to combine all the ingredients and simmer for 15 - 20 minutes until the sauce has cooked down to the consistency you like.
Taste and adjust seasonings with salt and pepper.
Before serving, be sure to remove the bay leaves so there are no surprises.