Turn on the Instant Pot to saute setting, select normal for the level of heat and allow to heat. Add 1 tablespoon olive oil to heat. When hot, add onion, carrots, garlic and ginger.
Add all the remaining ingredients to the Instant Pot. Place the lid on top. Make sure the pressure release handle is set to sealing. Select soup function and set time for 3 minutes.
When cooking time is finished, turn the pressure release handle to venting carefully to allow steam to release. Taste, add salt and pepper and adjust the seasoning of the soup.