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Heat oil in skillet over medium heat. Add bell peppers, jalapeños, onion, garlic, cumin, and 3/4 tsp of the salt.
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Cook while stirring occasionally, until the onion becomes translucent. This will take about seven minutes.
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Add the tomato paste to the veggies, and mix well.
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Add tomatoes and their liquid plus 1/2 c water. Bring the mixture to a low boil. Simmer for about 7 minutes, stirring occasional, until sauce has thickened.
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Using the back of a large spoon, make “pockets” in the tomato sauce for the eggs.
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Carefully crack each egg into a “pocket” or crack each egg into a small cup and pour into pockets.
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Cover the skillet (DO NOT STIR!) and simmer for about 8 minutes or until eggs reach your desired “done-ness”.
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Sprinkle eggs with remaining salt, freshly ground pepper, and chopped fresh cilantro.