Safari is too slow. None of the traditional fixes worked.

I have an iPhone 13 mini, 128 GB, running iOS 15.2. I noticed from a few weeks back that the Safari App is very slow to load pages and sometimes it even times out. This happens pages of any type of workload. It does not matter if I tap on one of the search hits, or if the link was directly sent to me. Also, I usually type my web searches on the iPhone’s search bar and then tap the suggestion to search Safari with my query; this too takes too long.

I’ve tried everything I could find online: clearing caches, cookies and web data, disabling JavaScript, turning off background app refresh (which I think should not be needed for Safari to work properly), powering on and off the iPhone, closing all tabs, resetting network settings.

I know this is a problem with Safari specifically, because everything else works as expected. It is not my network because I have a 200 Mbps connection speed and I have full WiFi signal strength. Also, for comparison, I even tried using the Chrome app for browsing and everything loads almost instantly.

Is this a known issue? Will there be an update? Is there a fix or a workaround? It is really frustrating to have the latest iPhone model and have it underperform at such a basic task as it is web browsing.