When will Plasma 6 be available for Oracle Linux?

Or other distros like it such as RHEL and Fedora.

That is a question for those distros.
Nobody at KDE will know that.

As for Red Hat… Well, good luck getting them to support it.

You can install it, but I do not think they support it.

Fedora KDE 40 using Plasma 6

https://fedoraproject.org/wiki/Changes/KDE_Plasma_6

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I use Oracle Linux with KDE. It works fine without errors. But I think it’s not as good performance wise. I think I’ve learnt here it’s because of Nvidia.