Add butter and olive oil to a saucepan over medium-low heat and melt slowly
Add chopped onion and cook until soft and translucent
Stir in minced garlic and cook briefly until fragrant
Add paprika, smoked paprika, Cajun seasoning, Old Bay, onion powder, garlic powder, black pepper, white pepper, and cayenne
Stir constantly to bloom the spices without burning
Add brown sugar and stir until dissolved
Pour in lemon juice and Worcestershire sauce
Stir in chicken bouillon powder if using
Reduce heat to low and let the sauce simmer gently, stirring often
Add red pepper flakes or hot sauce if using
Simmer until slightly thickened and deeply flavored
Taste and adjust salt, heat, or acidity as needed