Hi All,
Apologies for the inconvenience caused. This issue is a result of underlying Outage related to Azure Resource Manager (ARM) as called out by @Cedersved . Thank you so much @Cedersved for pitching in and calling out.
Here is the latest update from status page: (Please follow this page for further updates: https://status.azure.com/en-us/status)
Warning: Azure Resource Manager (ARM) - Active
Starting at 08:45 UTC on 04 Jun 2020, a subset of customers may experience issues with resource creation for services that depend on the Azure Resource Manager (ARM) platform.
We have identified a fix for an underlying networking issue, and have deployed this fix to all impacted regions. Customers may see recovery in most regions as we continue to validate mitigation. The next update will be provided in 60 minutes, or as events warrant.
This message was last updated at 16:11 UTC on 04 June 2020