Place your olive oil into the Instant Pot Bowl, and then press saute. Let the oil heat up for about 30 seconds, and then add your diced onions, shredded carrots, and dried basil.
Saute them for about 4 to 5 minutes, just until the onions get softened.
Then add in the tomatoes, chicken broth and mix well.
Mix in the heavy cream, be careful to scrape the bottom.
Set the timer for 5 minutes of high pressure, using the manual setting. Make sure that the vent is sealed.
Let the pressure naturally release. NEVER FORCE a lid off the pressure cooker or Instant Pot.
When it’s safe to open, and the lid comes off easily, open and look at your soup.
Use your immersion blender and blend until smooth.
Plate, serve and enjoy!