Man of Honour
Honestly I'm surprised anything still runs on 2 cores and 1Gb RAM, let alone cPanel with Woocommerce, so that will be the source of the issue, even with Redis etc you have a losing battle there.
The other issue is that you have 12% CPU steal which means the hypervisor is unable to give your VM all the CPU time it needs because it's overloaded. That's not ideal and will slow it down more.
Litespeed is usually an optional extra for most dedicated servers (the license fee is just passed on), it comes in a few types but the cheapest type is fine for Wordpress. It has a 2 week trial too
The other issue is that you have 12% CPU steal which means the hypervisor is unable to give your VM all the CPU time it needs because it's overloaded. That's not ideal and will slow it down more.
Litespeed is usually an optional extra for most dedicated servers (the license fee is just passed on), it comes in a few types but the cheapest type is fine for Wordpress. It has a 2 week trial too