In a large bowl, combine the flour, active dry yeast, sugar, and salt. Add the lukewarm water and olive oil, then knead until you have a smooth, elastic dough. Cover and let rise for 1 hour.
Divide the risen dough into two equal parts, then roll each into a thin circle. Place the dough onto baking sheets lined with parchment paper.
Spread the tomato sauce evenly over the dough, then sprinkle with shredded mozzarella. Top with sliced pepperoni and thinly sliced onions.
Preheat the oven to 482°F (250°C). Bake the pizza for 12-15 minutes, or until the crust is crisp, the cheese is melted and bubbly, and the onions are lightly caramelized.
Before serving, garnish the pizza with fresh basil leaves and drizzle with a little olive oil for added flavor.
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