diff --git a/packages/insomnia/src/ui/components/.client/codemirror/extensions/nunjucks-tags.ts b/packages/insomnia/src/ui/components/.client/codemirror/extensions/nunjucks-tags.ts
index 45f64dc166..12ac52dbb3 100644
--- a/packages/insomnia/src/ui/components/.client/codemirror/extensions/nunjucks-tags.ts
+++ b/packages/insomnia/src/ui/components/.client/codemirror/extensions/nunjucks-tags.ts
@@ -56,10 +56,8 @@ async function _highlightNunjucksTags(
   showVariableSourceAndValue: boolean,
   editorId: string,
 ) {
-  const renderCacheKey = Math.random() + '';
-
-  const renderString = (text: any) => render(text, renderCacheKey);
-  const renderContextWithCacheKey = () => renderContext(renderCacheKey);
+  const renderString = (text: any) => render(text);
+  const renderContextWithCacheKey = () => renderContext();
 
   const activeMarks: CodeMirror.TextMarker[] = [];
   const doc: CodeMirror.Doc = this.getDoc();
diff --git a/packages/insomnia/src/ui/components/.client/codemirror/one-line-editor.tsx b/packages/insomnia/src/ui/components/.client/codemirror/one-line-editor.tsx
index 366989b154..ef45c6a872 100644
--- a/packages/insomnia/src/ui/components/.client/codemirror/one-line-editor.tsx
+++ b/packages/insomnia/src/ui/components/.client/codemirror/one-line-editor.tsx
@@ -66,7 +66,7 @@ export const OneLineEditor = forwardRef<OneLineEditorHandle, OneLineEditorProps>
     const codeMirror = useRef<CodeMirror.EditorFromTextArea | null>(null);
     const { settings } = useRootLoaderData()!;
     const { isOwner, isEnterprisePlan } = usePlanData();
-    const { handleRender, handleGetRenderContext } = useNunjucks();
+    const { handleRender, handleGetRenderContext } = useNunjucks({ enableCache: true });
 
     const getKeyMap = useCallback(() => {
       if (!readOnly && settings.enableKeyMapForInlineTextEditors && settings.editorKeyMap) {
diff --git a/packages/insomnia/src/ui/context/nunjucks/use-nunjucks.ts b/packages/insomnia/src/ui/context/nunjucks/use-nunjucks.ts
index 0117b5bc7c..6bc89df654 100644
--- a/packages/insomnia/src/ui/context/nunjucks/use-nunjucks.ts
+++ b/packages/insomnia/src/ui/context/nunjucks/use-nunjucks.ts
@@ -1,26 +1,37 @@
-import { useCallback } from 'react';
+import { useCallback, useEffect, useRef } from 'react';
 
 import { getRenderContext, getRenderContextAncestors, render } from '~/common/render';
 import { useWorkspaceLoaderData } from '~/routes/organization.$organizationId.project.$projectId.workspace.$workspaceId';
 import { useRequestLoaderData } from '~/routes/organization.$organizationId.project.$projectId.workspace.$workspaceId.debug.request.$requestId';
 import { useRequestGroupLoaderData } from '~/routes/organization.$organizationId.project.$projectId.workspace.$workspaceId.debug.request-group.$requestGroupId';
 import { NUNJUCKS_TEMPLATE_GLOBAL_PROPERTY_NAME } from '~/templating';
-import type { HandleRender, RenderContextOptions } from '~/templating/types';
+import type { BaseRenderContext, HandleRender, RenderContextOptions } from '~/templating/types';
 import { getKeys } from '~/templating/utils';
 
-let getRenderContextPromiseCache: any = {};
-
-export interface UseNunjucksOptions {
-  renderContext: Pick<Partial<RenderContextOptions>, 'purpose' | 'extraInfo'>;
+interface CacheOptions {
+  //If true, will cache the render context
+  enableCache?: boolean;
+  //Cache duration in seconds, default is 5 seconds
+  cacheDuration?: number;
 }
-export const initializeNunjucksRenderPromiseCache = () => {
-  getRenderContextPromiseCache = {};
-};
-
-initializeNunjucksRenderPromiseCache();
+export type UseNunjucksOptions = {
+  renderContext?: Pick<Partial<RenderContextOptions>, 'purpose' | 'extraInfo'>;
+} & CacheOptions;
 
+const defaultCacheDurationInSeconds = 5;
 /**
- * Access to functions useful for Nunjucks rendering
+ *
+ * Customized hook simplifies template rendering in React components by:
+ * - Retrieving render context based on current request/folder/workspace
+ * - Providing optional caching to optimize performance and avoid race conditions
+ * - Managing cache lifecycle
+ *
+ * @param options - Configuration options for rendering and caching
+ * @param options.renderContext.purpose - Purpose of the render operation (e.g., 'send', 'preview')
+ * @param options.renderContext.extraInfo - Additional information to include in render context
+ * @param options.enableCache - Whether to cache the render context. Mainly used for editors with many nunjucks to render
+ * @param options.cacheDuration - How long to keep the cached context in seconds (default: 5)
+ *
  */
 export const useNunjucks = (options?: UseNunjucksOptions) => {
   // for all types of requests
@@ -28,6 +39,9 @@ export const useNunjucks = (options?: UseNunjucksOptions) => {
   // for request group (folder)
   const { activeRequestGroup } = useRequestGroupLoaderData() || {};
   const workspaceData = useWorkspaceLoaderData();
+  const { enableCache = false, cacheDuration = defaultCacheDurationInSeconds } = options || {};
+  const renderContextPromiseCache = useRef<Promise<BaseRenderContext>>();
+  const renderContextPromiseCacheTimer = useRef<ReturnType<typeof setTimeout>>();
 
   const fetchRenderContext = useCallback(async () => {
     const ancestors = await getRenderContextAncestors(
@@ -41,49 +55,68 @@ export const useNunjucks = (options?: UseNunjucksOptions) => {
     });
   }, [
     requestData?.activeRequest,
+    activeRequestGroup,
     workspaceData?.activeWorkspace,
     workspaceData?.activeEnvironment._id,
     options?.renderContext,
     activeRequestGroup,
   ]);
 
-  const handleGetRenderContext = useCallback(
-    async (contextCacheKey?: string) => {
-      const context =
-        contextCacheKey && getRenderContextPromiseCache[contextCacheKey]
-          ? await getRenderContextPromiseCache[contextCacheKey]
-          : await fetchRenderContext();
-      const keys = getKeys(context, NUNJUCKS_TEMPLATE_GLOBAL_PROPERTY_NAME);
-      return { context, keys };
-    },
-    [fetchRenderContext],
-  );
+  const handleGetRenderContext = useCallback(async () => {
+    const context =
+      enableCache && renderContextPromiseCache.current
+        ? await renderContextPromiseCache.current
+        : await fetchRenderContext();
+    const keys = getKeys(context, NUNJUCKS_TEMPLATE_GLOBAL_PROPERTY_NAME);
+    return { context, keys };
+  }, [enableCache, fetchRenderContext]);
   /**
    * Heavily optimized render function
    *
    * @param text - template to render
-   * @param contextCacheKey - if rendering multiple times in parallel, set this
    * @returns {Promise}
    * @private
    */
   const handleRender: HandleRender = useCallback(
-    async <T>(obj: T, contextCacheKey: string | null = null) => {
-      if (!contextCacheKey || !getRenderContextPromiseCache[contextCacheKey]) {
-        // NOTE: We're caching promises here to avoid race conditions
-        // @ts-expect-error -- TSCONVERSION contextCacheKey being null used as object index
-        getRenderContextPromiseCache[contextCacheKey] = fetchRenderContext();
+    async <T>(obj: T) => {
+      let getOrCreateRenderContext: ReturnType<typeof fetchRenderContext>;
+      if (enableCache) {
+        if (!renderContextPromiseCache.current) {
+          // create a new context promise to optimize performance and avoid race conditions
+          console.log(`[templating] Create Nunjucks render context cache`);
+          renderContextPromiseCache.current = fetchRenderContext();
+          // Implement time-based cache invalidation strategy for performance optimization:
+          // 1. Cache the render context to avoid expensive re-computation for multiple nunjucks
+          // 2. Set timeout to clear cache after specified duration to ensure context freshness
+          // 3. This pattern is mainly used for editors that render many nunjucks simultaneously
+          //    (e.g., code-editor, one-line-editor)
+          // 4. With this approach, all templates rendered during the cache window share the same
+          //    context promise, avoiding redundant context creation and race conditions
+          renderContextPromiseCacheTimer.current = setTimeout(() => {
+            console.log(`[templating] Remove Nunjucks render context cache`);
+            renderContextPromiseCache.current = undefined;
+          }, cacheDuration * 1000);
+        }
+        getOrCreateRenderContext = renderContextPromiseCache.current;
+      } else {
+        getOrCreateRenderContext = fetchRenderContext();
       }
-
-      // Set timeout to delete the key eventually
-      // @ts-expect-error -- TSCONVERSION contextCacheKey being null used as object index
-      setTimeout(() => delete getRenderContextPromiseCache[contextCacheKey], 5000);
-      // @ts-expect-error -- TSCONVERSION contextCacheKey being null used as object index
-      const context = await getRenderContextPromiseCache[contextCacheKey];
+      const context = await getOrCreateRenderContext;
       return render({ obj, context });
     },
-    [fetchRenderContext],
+    [enableCache, fetchRenderContext, cacheDuration],
   );
 
+  useEffect(() => {
+    const timer = renderContextPromiseCacheTimer.current;
+    return () => {
+      console.log(`[templating] Clear Nunjucks render context cache on unmount`);
+      // clear timeout when unmount
+      timer && clearTimeout(timer);
+      renderContextPromiseCache.current = undefined;
+    };
+  }, []);
+
   return {
     handleRender,
     handleGetRenderContext,