Step 1: In a small bowl, combine warm water, sugar, and yeast. Let it sit for 5-10 minutes until it becomes frothy and bubbly.
Step 2: In a large mixing bowl, combine the flour and salt. Create a well in the center and pour in the yeast mixture and olive oil.
Step 3: Mix until a shaggy dough forms, then turn it out onto a floured surface and knead for 8-10 minutes until smooth and elastic.
Step 4: Place the dough in a lightly oiled bowl, cover with a damp cloth, and let rise in a warm place for 1-1.5 hours, or until doubled in size.
Step 5: Preheat your oven to 500°F (260°C). If using a pizza stone, place it in the oven during preheating.
Step 6: Punch down the risen dough and divide it into two equal portions. Stretch each portion into a 12-inch circle on a piece of parchment paper.
Step 7: Spread a thin layer of pizza sauce over the dough, leaving a small border for the crust. Evenly distribute the mozzarella and parmesan cheeses.
Step 8: Sprinkle with oregano and bake for 12-15 minutes, or until the crust is golden brown and the cheese is bubbling and slightly charred.
Step 9: Remove from the oven, garnish with fresh basil, let cool for 5 minutes, and slice into wedges.