Add ½ cup vegetable oil, ½ cup soy sauce, ¼ cup balsamic vinegar, 2 tablespoons lemon juice, 1 ½ tablespoons Worcestershire sauce, 1 tablespoon Dijon mustard, 1 tablespoon minced garlic, and plenty of freshly cracked black pepper to medium mixing bowl. Whisk ingredients together until fully incorporated.
Place 1 1.5-pound flank steak in baking dish. Pour marinade over flank steak, then flip flank steak several times to coat all sides in marinade.
Cover baking dish with lid or plastic wrap. Place dish in refrigerator and chill 2 hours minimum, up to 12 hours maximum.
30 minutes prior to cooking, remove baking dish from refrigerator. Set aside to stand at room temperature 30 minutes.
Preheat air fryer to 400° Fahrenheit.
Place marinated flank steak in preheated air fryer basket. Place basket in air fryer and air fry steak 6 minutes.
After 5 minutes, remove basket from air fryer. Flip flank steak over, then return basket to air fryer. Air fry steak 6 minutes more.
After 6 minutes, check internal temperature of flank steak with meat thermometer. If internal temperature has not reached desired target (see Notes below), return steak to air fryer. Cook 1 to 2 minutes more, then check internal temperature again.
When internal temperature of steak reaches desired target (see Notes below), transfer steak to cutting board. Loosely cover flank steak with aluminum foil, then allow steak to rest 10 minutes.
After 10 minutes, uncover steak and discard foil. Slice steak into strips, cutting against grain of meat. Serve as desired.