Step 1

Add the oil to the bottom of the inner Instant Pot, then add the meatballs and pour water over and around meatballs

Step 2

Add the grape jelly and chili sauce over the meatballs, but do not stir

Step 3

Place lid on Instant Pot, and turn vent to Sealing position, then hit PRESSURE COOK for 5 minutes

Step 4

Pot will take a few minutes to reach pressure, then begin counting down and cook for 5 minutes

Step 5

When pot beeps, do a quick release. When pin drops, open lid, and stir meatballs well.

Step 6

Optional -- to thicken sauce hit SAUTE and cook for about 5 minutes to reduce sauce. Hit Keep Warm and keep in pressure cooker until ready to serve or place in a large serving bowl