Heat oil in a medium frying pan over medium heat. Add jalapeños and season with salt. Cook, stirring occasionally, until starting to soften, about 2 minutes. Add garlic and remove from heat.
Drain and rinse the garbanzo beans. Pop each bean out of it's skin.
Place beans, cilantro, lemon juice, water, tahini, salt, and cumin in the bowl of a food processor fitted with the blade attachment. Add 3/4 of the jalapeño mixture. Reserve the rest for garnish.
Blend until smooth, stopping to scrape down the sides a few times.
Scrape into a serving bowl and drizzle with remaining jalapeño mixture. Serve with veggie chips, carrot sticks, or tortilla chips.