Heat the extra virgin olive oil in a medium pot over medium heat.
Add the diced yellow onion and green bell pepper, sautéing for 3-4 minutes until the vegetables begin to soften.
Add the ground turkey to the pot, breaking it up with a spatula, and cook until it is browned and no longer pink.
Stir in the chili powder, ground cumin, garlic powder, sea salt, and black pepper, coating the meat and vegetables evenly.
Pour in the crushed tomatoes, rinsed black beans, and water, stirring well to combine.
Bring the chili to a gentle simmer, then reduce the heat to low and cover the pot.
Let the chili cook for 15-20 minutes to allow the flavors to meld and the sauce to thicken.
Serve hot in a bowl, optionally garnished with fresh cilantro or a squeeze of lime.