Oracle DB application slowness after kernel 4.18.0-553.69.1.el8_10 update

Issue

After updating to kernel-4.18.0-553.69.1.el8_10 or later Oracle became slow
- Recurring Oracle DB Latency Leading to Application Access Delays Every 30 Minutes (2–3 Minute Timeouts)
- DB active connections counts are going high and impacting application and this issue is lasting for around 15 to 20 mins and post that issue resolves on its own.
Sometimes but not always accompanied by warnings related to loading the ipv6 module:

request_module: kmod_concurrent_max (0) close to 0 (max_modprobes: 50), for module net-pf-10, throttling

oracleacfs           5763072  0
oracleadvm            909312  0
oracleoks             831488  2 oracleadvm,oracleacfs

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