1. In a mixing bowl, combine warm water, yeast, and sugar. Let it sit for 5 minutes until foamy.
2. Add flour, salt, and olive oil to the yeast mixture. Mix until a dough forms.
3. Knead the dough for about 10 minutes until smooth and elastic.
4. Place the dough in a lightly oiled bowl, cover, and let it rise for 1 hour or until doubled in size.
5. Preheat the oven to 375°F (190°C). Punch down the dough and divide it into 8 equal pieces. Shape each piece into a ball and place on a baking sheet.
6. Let the buns rise for another 20 minutes. Bake for 15 minutes or until golden brown.