High latency during use of Cloudflare WARP

I live in Mangalore, India and have been using Cloudflare WARP for a while now. Since the morning of 14.04.2023, I have been facing extremely high ping around 500 ms while using WARP, while the latency drops back to normal without WARP. I used https://www.cloudflare.com/cdn-cgi/trace and here is the output:

fl=618f12
h=www.cloudflare.com
ip=2a09:bac1:36a0:810::26a:c
ts=1681511638.434
visit_scheme=https
uag=Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/112.0.0.0 Safari/537.36
colo=LAX
sliver=010-lax08
http=http/2
loc=IN
tls=TLSv1.3
sni=plaintext
warp=on
gateway=off
rbi=off
kex=X25519

I have tried reinstalling two different versions of WARP and updating to the latest one yet I face high latency. How can I fix this? And If I cannot, is this an issue that will be resolved soon or will I have to look for other VPN options?