Heat the olive oil in a large Dutch oven over medium heat. Add the ground turkey and cook until browned, breaking it into small crumbles as it cooks.
Stir in the diced onion, bell pepper, and garlic. Cook for several minutes until the vegetables soften and become fragrant.
Add the tomato paste, chili powder, cumin, smoked paprika, oregano, cayenne, salt, and black pepper. Stir continuously for about one minute to toast the spices.
Pour in the crushed tomatoes, diced tomatoes, chicken broth, kidney beans, and black beans. Stir well until everything is evenly combined.
Bring the chili to a gentle boil, then reduce the heat to low. Simmer uncovered for 30 to 35 minutes, stirring occasionally, until the chili thickens and the flavors develop.
Stir in the diced onion, bell pepper, and garlic. Cook for several minutes until the vegetables soften and become fragrant.
Pour in the crushed tomatoes, diced tomatoes, chicken broth, kidney beans, and black beans. Stir well until everything is evenly combined.
Bring the chili to a gentle boil, then reduce the heat to low. Simmer uncovered for 30 to 35 minutes, stirring occasionally, until the chili thickens and the flavors develop.
Taste and adjust the seasoning if needed. Ladle into bowls and serve with your favorite toppings.