Yellow Rice - Fresh-Pressed Olive Oil

Ingredients

• 1 tablespoon extra virgin olive oil
• 1 tablespoon unsalted butter
• 1/4 cup minced onion
• 1 cup basmati or jasmine rice
• 1/2 teaspoon turmeric
• 1-1/2 cups water or chicken broth, homemade or low-sodium store bought
• 4 strands saffron, optional
• 1 cup frozen green peas, thawed