This is a Skywalker Sound sound effect, probably created by Ben Burtt and Randy Thom, and debuted in Star Wars: Episode V - The Empire Strikes Back (1980). It might be considered as an stock sound effect though.
Very many variants of this sound were made by Skywalker Sound; some sound effects clusters by Skywalker Sound that have this sound are listed below.
It includes an element that sounds similar to but should not be confused with SKYWALKER, ELECTRICITY - ELECTRIC 'FRAP' ZAP in a high pitch. It's often used in various pitches for lightsaber clashes in most Star Wars media.
Links:
https://soundeffects.fandom.com/wiki/SKYWALKER_EXPLOSION_07#Audio_Samples
SKYWALKER EXPLOSION 07 has been suggested to play 3 roles. Click below to see other actors suggested for each role, and vote for who you think would play the role best.