340 Duster oil looks milky

That was after only running a few minutes

View attachment 1715472447
Being that white that fast says you have a growing problem. I'd start with:
  1. Running a compression test on all cylinder
  2. Pulling plugs to examine for water in a cylinder
  3. Pulling the heads to inspect for leakage
  4. Plan from there based on what was found
Sorry for the troubles.