In a medium bowl, sprinkle the yeast over 1 cup (240 milliliters) of the lukewarm water. Stir briefly and allow to sit at room temperature until frothy, about 10 minutes.
In the bowl of a stand mixer fitted with a dough hook or a large bowl, combine the bread flour and salt.
Mix in the frothy yeast mixture, then slowly add the remaining 2/3 cup (160 milliliters) lukewarm water to create a soft, loose dough.
Cover the bowl and allow to rest at room temperature until doubled in size, about 1 1/2 hours.
On a well-floured surface, knead the dough until it is soft and smooth. Form into an oval loaf shape, adding a little more flour only as needed if it is too sticky.
Dust a large pizza (baker's) peel with cornmeal or semolina. Place the oval loaf in the center of the peel, cover with a towel, and allow to rest at room temperature until doubled in size, about 1 hour.
Place a baking stone on the middle rack and a pan filled with water on the lower rack of the oven. Preheat to 475˚F (245˚C).
In a small bowl, whisk together the olive oil, Italian seasoning, salt, and garlic powder.
Brush the risen loaf evenly with the olive oil mixture, making sure to completely get the sides.
Lightly cut 3 diagonal marks across the loaf with a very sharp knife.
Carefully slide the loaf onto the preheated baking stone. Immediately shut the door and bake for 10 minutes.
Without opening the door, reduce heat to 375˚F (190˚C).
Continue to bake until the top and edges of the bread are golden and the bread sounds hollow when tapped, about 20-30 more minutes.
Allow to cool for at least 10 minutes before slicing and serving.