I'm trying to increase storage and it's not giving me that option. How can I increase? I've tried chatting with the bot.

Read again -> Related Article -> Manage your iCloud storage

OR

See this Apple article: Upgrade to iCloud+

Upgrade to iCloud+ - Apple Support

See also: iCloud+ plans and pricing

iCloud+ plans and pricing - Apple Support

It shows how much storage I have, but not any options to incrase storage.

Have you an iCloud subscription?

If you turn On iCloud you get 5 GB iCloud free storage.

Check the link in my previous post -> Upgrade to iCloud+

Check -> Go to -> Settings -> your name -> iCloud -> if you see 50 GB (or 200 GB or 2 TB) then you have an iCloud subscription.

If you have an iCloud subscription, you will receive a monthly bill from Apple, check your email box.

If you have upgraded iCloud storage, it would take about 1 to 3 business days in order to process.

Once your request for iCloud+ has been activated, you should receive an invoice in your email box.

See the following Apple articles:

How to use iCloud on iPhone

How to use iCloud on iPhone – Apple Support (UK)

What's the difference between device storage and iCloud storage?

What's the difference between device storage and iCloud storage? - Apple Support