1 - In a medium pot, heat the olive oil over medium-high heat.

2 - Add the onions and cook, stirring occasionally until the onions start to caramelize.

3 - Add the carrots and cook until the carrots start to soften, about 4 more minutes.

4 - Add the stock, water, potatoes, bay leaves, and black peppercorns.

5 - Season with salt and bring to a boil.