Herb Dipping Sauce with Olive Oil and Balsamic Vinegar

1/2 cup extra virgin olive oil
1/4 cup aged balsamic vinegar
1/2 teaspoon chili pepper flakes
2 garlic cloves, pressed through a garlic press
1/4 teaspoon sea salt
1 tablespoon dried parsley flakes
1 tablespoon fresh basil, chopped very fine

Whisk all ingredients together in a small mixing bowl and refrigerate for 3-4 hours. Serve in a shallow dipping bowl with sliced Italian bread as appetizer