Combine beef broth and red wine in a saucepan over medium heat.
Bring the mixture to a simmer.
Stir in soy sauce and Worcestershire sauce.
Add garlic powder and onion powder, mixing well.
Season with salt and pepper to taste.
Allow the sauce to simmer for about 10 minutes.
Taste and adjust seasoning as necessary.
Strain the sauce if desired for a smooth texture.
Keep warm until ready to serve.
Garnish with fresh herbs before serving.