Heat 1 tablespoon of vegetable oil in a large skillet or wok over medium-high heat.
Add the minced garlic and sliced onions, sauté for about 1-2 minutes until fragrant and translucent.
Increase the heat to high and add the sliced chicken. Stir-fry until the chicken is cooked through and no longer pink, about 5-7 minutes.
Add the bell peppers, soy sauce, oyster sauce, fish sauce, sugar, black pepper, and crushed red pepper flakes (if using). Stir-fry for another 2-3 minutes until the vegetables are tender-crisp.
Finally, add the fresh Thai basil leaves and stir well to combine. Cook for an additional minute until the basil is wilted.
Serve the Thai basil chicken over hot cooked jasmine rice.
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