PnP.PowerShell cannot find ‘Microsoft.Identity.Client’ assembly

Hi I’m stumbling on this issue since this morning.

PowerShell 7.1.4
PnP.PowerShell 1.7.0

Connect-PnPOnline -Url my-url -Interactive

Connect-PnPOnline: Could not load file or assembly
‘Microsoft.Identity.Client, Version=4.30.1.0, Culture=neutral,
PublicKeyToken=0a613f4dd989e8ae’. Could not find or load a specific
file. (0x80131621)

I removed and re-installed the Module with the same issue.
I also tried with the nightly build (1.7.46-nightly) with no differences.

The Module is installed in {my documents}/PowerShell/Modules/Pnp.PowerShell/1.7.0

Both Core and Framework subfolders contain the Microsoft.Identity.Client file with the requested version (4.30.1.0).

Any help/ideas on how I can proceed?