Finely chop 1 clove garlic, 1 red onion, 2 green bell peppers and 4oz pepperoni.
In a large soup pot heat 1tsp olive oil over medium-high heat.
Add chopped veg (1 garlic clove + 1 red onion + 2 green bell pepper + 8oz sliced mushrooms) and stir.
Add 1T dried basil + 1T dried oregano to veggies. Saute for 8-10 minutes.
Add 4c beef broth, 2c water, 4oz chopped pepperonis, 28oz diced tomatoes and 2.25oz sliced black olives, drained.
Bring to a low boil and lower to a simmer. Cook ~30 minutes, adding liquid if needed.
Season to taste w/ S&P.