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Comment by Rantenki | Hacker News Reader

Yep, I am seeing failures on IAM as well:

   aws iam list-policies
  
  An error occurred (503) when calling the ListPolicies operation (reached max retries: 2): Service Unavailable

I'm seeing errors for things that worked fine, like policies that had no issue now are saying "access denied".

I'm wondering if the cause of the outage has to do with something changing in the way IAM is interpreted ?

Same here. Kubernetes pods running in EKS are (intermittently) failing to get IAM credentials via the ServiceAccount integration.