Quick Red Pepper and Olive Spaghetti Sauce

Name: Quick Red Pepper and Olive Spaghetti Sauce
Prep time: 5 min
Cook time: 12 min
Total time: 17 min
Cuisine: European, Italian, Mediterranean
Ingredients: 6 tbsp oil (from the sundried tomato jar); 280g jar sundried tomatoes, drained (reserve the oil); 280g jar roasted red pepper, drained; 125g salted cashews; 1 small clove garlic; 7 pitted black olives; 1 small handful of fresh basil; 1 cup pasta water; a good grinding of black pepper