Some of the water droplets will find their way into the hot oil and instantly convert to steam. The built-up pressure will burst the entrapped pockets of steam, splattering the burning oil and endangering the cook and house alike. Smother the flames with a tight-fitting lid or a sheet of foil wrap (kept handy for such an emergency). If the grease fire has spread outside the pan, suffocate it with baking soda or the foam of a fire extinguisher that is formulated for an oil fire, if you have one.
** Asian Recipes