Alright. Deleting the music files in the game folder seemed to fix the issue. Was able to get a 2 hour game in and finish it. Thank you everyone for the help.

@Pearl12 The only mod I've used, if it counts, is Nomads, but the problem has been happening before and after I've installed Nomads, and after I reinstalled the game.

I'll post my dxdiag if we run out of ideas but from the looks of it. It's a sound issue at the very least.

@Sprouto I'm glad it's narrowed down to that at least. I can try reinstalling audio drivers again when I'm available. But my speaker's configuration has always been set to stereo. I've never changed it.

@deletethis It's always been set to stereo so I never tried changing it to something else and back to Stereo. I can try testing it when I'm available again. I use regular headphones plugged into the audio jack of my PC. I'll definitely try deleting the music files too when I'm available again. I'll keep you updated.

@Giebmasse Update. Drivers are updated, game is reinstalled and i tried deleting those folders. Nothing worked. Although worth noting that the crash log is slightly different this time, i think. Crashlog2.txt

@Giebmasse Trying these now. The aforementioned audio driver fix from speed2 did not work.

@speed2 I will get back to you on this when I'm available to try it.

Update 2: It is just me that is crashing. Whether I'm host or not I crash the multiplayer lobby.

Update: Windowed mode did not fix it.

@Giebmasse Theres no error message when the game freezes. The log appears in a separate window though and the game becomes inaccessible and has to be closed with task manager.