Turn Instant Pot to saute, add oil and when it is hot add the meat meat in a single layer and brown.
Add in remaining ingredients, stir and close the lid then close the steam valve. Press the "Meat/Stew" button and allow the cooker to naturally cool and release pressure.
Once the pressure has released, open the steam valve then carefully open the lid. Give the stew a good stir, taste, and adjust the salt if needed.