Stir together the warm milk and yeast in a large mixing bowl then let sit for 5 minutes.
Stir in the 3 1/4 cups flour, the 4 TBSP oil, the 2 eggs, orange juice, raisins, and salt until thoroughly combined and a dough is formed.
Knead the dough by hand while in the bowl for about 5 minutes, adding a little bit more flour if dough is too sticky.
Form the dough into a ball then drizzle the dough ball with 1 tsp olive oil and flip the dough a few times to cover in the oil. Loosely cover the bowl and set in a warm place to rise for about 1 hour.
Preheat the oven to 350°F. Line a baking sheet with parchment paper and set aside.
Separate the dough into 2 equal size pieces then roll each piece of dough into a ball.
Roll each dough ball into a rope roughly 12-inches long and place on the lined baking sheet.
Twist the dough ropes together then pinch the ends and form into a loaf shape.
Beat the remaining egg then brush the top of the bread with some of the beaten egg until well coated, discarding any remaining beaten egg.
Bake in the preheated oven until browned and cooked through, about 30 minutes.