Instant Pot Fried Rice with eggs & bacon comes together quickly & easily with ingredients you probably already have on hand! Skip the takeout and make your own (tastier) fried rice at home.
Heat Instant Pot on SAUTE mode. Once hot, add bacon and cook until crisp, about 8-10 minutes. Remove with a slotted spoon and let drain on paper towels. Remove all but 1 tablespoon of the bacon fat from the Instant Pot.
Add eggs and scramble for 2-3 minutes. Set aside with bacon.
Add butter, shallot and garlic, and season with salt and pepper. Saute for 2-3 minutes, until the shallot has softened, scraping any browned bits from the bottom of the Instant Pot.
Add rice, water, soy sauce, and oyster sauce to Instant Pot and lock lid on top.
Cook on MANUAL high pressure 6 minutes. It will take 10 minutes for pressure to build then a countdown timer will begin. Once the time is up, let pressure release naturally for 5 minutes.
Remove lid and fluff rice, then stir in cooked bacon, peas, scrambled eggs and green onions, Season fried rice with salt, pepper, and additional soy sauce to taste. Serve immediately.