Measure out the ingredients: flour, yeast, salt, and water. Dissolve the yeast in lukewarm water and let it rest for 5 minutes.
In a large bowl, combine the flour and salt, then add the olive oil and the proofed yeast. Knead the dough until smooth and elastic.
Cover the dough with a kitchen towel and let it rise in a warm place for 1 hour, or until doubled in size.
Preheat the oven to 430°F (220°C). Roll out the pizza dough on a lightly floured surface to about 1/4 inch (0.5 cm) thickness.
Peel and thinly slice the red onion and garlic. Dice the pancetta into small cubes.
In a skillet, sauté the pancetta over medium heat until slightly crispy. Set aside.
Spread the tomato sauce over the pizza dough, then sprinkle with oregano and freshly ground black pepper.
Distribute the sliced onion and the sautéed pancetta over the pizza, then sprinkle with grated mozzarella.
Place the pizza on a baking sheet lined with parchment paper and bake for 12-15 minutes, or until the edges are golden brown and the cheese is melted and bubbly.
Remove from the oven, sprinkle with fresh basil. Slice and serve immediately.
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