Hong Kong Style Chile Oil

1 cup peanut oil ( so it wont burn easily)
1/2 cup sesame oil (for flavor)
1 cup dried hot chiles, quartered
4 teaspoons ground cayenne pepper

Heat peanut oil in a small saucepan. Add sesame oil and warm for a minute. Stir in chopped peppers and ground cayenne. Stir well and let stand for 1 hour.

Strain and pour into a jar. Store in the refrigerator.