Step 1

Season the steak with the salt and pepper on both sides.

Step 2

Heat the Instant Pot on sauté mode, add the cooking oil. When hot, place the steak in the pot and sear for 1 minute per side.

Step 3

Turn off sauté mode. Remove the steak. Pour in the hot beef broth and deglaze the pot with a whisk to remove the browned bits.

Step 4

Add the steak back into the pot.

Step 5

Secure the lid in place and set the valve to sealing. Press the pressure cook or manual button and set the time to 4 minutes. It will take about 5 minutes to come up to pressure.

Step 6

When the time is up, do a quick pressure release and transfer the steak to a plate to rest for 5 minutes.

Step 7

Slice the steak and serve.