Minecraft lagging/stuttering when OBS is running

When Im playing Minecraft without OBS running in the background, my game is smooth and running on around 75 fps.
When Im playing Minecraft with OBS open, I get like 15-20 fps.
When Im playing Minecraft with OBS open, and it recording my game, I get around 1-10 fps.

I tried multiple settings tricks on OBS and Minecraft that I found on YouTube, but nothing has worked so far..

PC Specs:

CPU:
Intel(R) Core(TM) i5-4210M CPU @ 2.60GHz 2.59 GHz

RAM:
8.00 GB (7.90 GB usable)

Monitors:
Using 2
144hz 1080p as the main one
Laptop screen as the secondary

SSD:
256GB

Laptop:
Lenovo L540 (only changed ram from x2 2GB to x2 4GB)

Log: https://obsproject.com/logs/6ar6QJOgzq0NRZUU

Any suggestions on how to fix this issue?
Any help would be highly appreciated!
 
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