I have been using photoshop for about 3 years and never had any issue with color profile managment. However these days I am trying to export certain pictures, though they get exported dark and oversaturated.
Windows seems like it had installed a new driver for my monitor as an additional update, I rolled back the driver, restored preferences on quit in PS and it now seems to be working fine. I want to thank everyone who tried into helping me! Stay safe!
Monitors are "plug and play" devices (PnP), no drivers necessary.
Monitor profiles, however, are distributed through Windows Update, unless you're using a calibrator to make your profiles. These manufacturer profiles are extremely often defective in different ways and I don't understand why Microsoft still allows this.
If the monitor profile is bad/incorrect/corrupt, Photoshop cannot display correctly. The profile needs to be an accurate description of the monitor's actual and current response. A calibrator measures the display and makes a profile based on that.
If you don't have a calibrator, use the closest generic profile. For most monitors this is sRGB IEC61966-2.1, for wide gamut monitors Adobe RGB or DCI-P3 depending.