Mix your sauce. In a small bowl, whisk together the oyster sauce, fish sauce, soy sauce, dark soy sauce, sugar, and water. Set aside so it's ready to go when you need it.
Heat things up. Add oil to a large wok or skillet over high heat. You want it screaming hot — that's what gives this dish its signature smoky, restaurant-style flavor.
Sauté the aromatics. Toss in the garlic and chilies and stir-fry for about 30 seconds until fragrant. Keep things moving so the garlic doesn't burn.
Brown the beef. Add the ground beef and break it apart as it cooks. Let it sear without stirring too much so you get some nice caramelized bits — about 4–5 minutes total.
Add the bell pepper. Toss in the sliced bell pepper and stir-fry for another 2 minutes.
Pour in the sauce. Give your sauce mixture a quick stir and pour it over the beef. Toss everything together and let it cook for 1–2 minutes until the sauce is absorbed and slightly caramelized.
Finish with basil. Remove the pan from heat and fold in the fresh Thai basil leaves. The residual heat will wilt them perfectly without losing that vibrant herby punch.
Serve immediately over jasmine rice with a fried egg (optional) on top.