Creamy Tomato-Basil Soup

INGREDIENTS

• ¼ cup extra virgin olive oil, divided
• 1 medium onion, diced (about 1 cup)
• 3 garlic cloves, minced (about 1 tablespoon)
• Pinch red pepper flakes
• 1 bay leaf
• 2 (28-ounce) cans whole tomatoes packed in juice
• 1 tablespoon brown sugar
• 3 large slices good-quality sandwich bread, crusts removed, torn into 1-inch pieces
• 2 cups chicken broth
• ¼ cup chopped fresh basil