Add the vinegar, honey, chipotle pepper, adobo sauce, garlic, oregano, cumin, salt, and pepper to a blender.
Blend until the pepper and garlic are completely broken down and the mixture appears smooth.
Keep the blender running on low and pour in the neutral oil very slowly.
Continue blending until the dressing becomes slightly thick, smooth, and evenly emulsified.
Taste carefully and adjust the honey, vinegar, salt, or chipotle according to preference.
Transfer to a sealed jar, refrigerate for up to one week, and shake thoroughly before serving.
