Unable to Connect to Azure Blob Storage from Java Using Managed Identity

I am trying to connect to an Azure Blob Storage account from my VM using Managed Identity in Java. Below is the code I have implemented to establish the connection. I have made all the required configurations between the VM and the Blob Storage account, including assigning the "Storage Blob Data Contributor" role to the VM. Despite this, I am still unable to connect to Blob Storage and receiving the following error details.

Java Class:

package com.function;

import com.azure.identity.DefaultAzureCredentialBuilder;
import com.azure.core.credential.TokenCredential;
import com.azure.storage.blob.*;
import com.azure.storage.blob.models.*;

public class AzureBlobStorageTest {
    public static void main(String[] args) {
        String endpoint = "https://s*****ev01.blob.core.windows.net";
        String containerName = "test";
        String blobName = "sample.csv";
        String clientId = "619515b1-****-4437-8c09-9eca28338716"; // User-assigned Managed Identity Client ID

        try {
            // Build credential with client ID
            TokenCredential credential = new DefaultAzureCredentialBuilder()
                    .managedIdentityClientId(clientId)
                    .build();

            BlobServiceClient blobServiceClient = new BlobServiceClientBuilder()
                    .endpoint(endpoint)
                    .credential(credential)
                    .buildClient();

            BlobContainerClient containerClient = blobServiceClient.getBlobContainerClient(containerName);
            BlobClient blobClient = containerClient.getBlobClient(blobName);

            System.out.println("Connected to Blob: " + blobClient.getBlobUrl());

            // Check if blob exists
            if (blobClient.exists()) {
                System.out.println("Blob exists");
            }
        } catch (Exception e) {
            System.err.println("Error accessing blob storage: " + e.getMessage());
            e.printStackTrace();
        }
    }
}

ERRORS:

03:52:25.652 [main] INFO com.azure.core.http.netty.implementation.NettyUtility -- {"az.sdk.message":"The following Netty versions were found on the classpath and have a mismatch with the versions used by azure-core-http-netty. If your application runs without issue this message can be ignored, otherwise please align 
the Netty versions used in your application. For more information, see https://aka.ms/azsdk/java/dependency/troubleshoot.","azure-netty-version":"4.1.126.Final","azure-netty-native-version":"2.0.73.Final","classpath-netty-version-io.netty:netty-common":"4.2.6.Final","classpath-netty-version-io.netty:netty-handler":"4.2.6.Final","classpath-netty-version-io.netty:netty-handler-proxy":"4.2.6.Final","classpath-netty-version-io.netty:netty-buffer":"4.2.6.Final","classpath-netty-version-io.netty:netty-codec":"4.2.6.Final","classpath-netty-version-io.netty:netty-codec-http":"4.2.6.Final","classpath-netty-version-io.netty:netty-codec-http2":"4.2.6.Final","classpath-netty-version-io.netty:netty-transport-native-unix-common":"4.2.6.Final","classpath-netty-version-io.netty:netty-transport-native-epoll":"4.2.6.Final","classpath-netty-version-io.netty:netty-transport-native-kqueue":"4.2.6.Final","classpath-native-netty-version-io.netty:netty-tcnative-boringssl-static":"2.0.73.Final"}
Connected to Blob: https://s*****ev01.blob.core.windows.net/test/sample.csv
03:52:27.415 [main] INFO com.azure.identity.ChainedTokenCredential -- Azure Identity => Attempted credential EnvironmentCredential is unavailable.
03:52:27.419 [main] INFO com.azure.identity.ChainedTokenCredential -- Azure Identity => Attempted credential WorkloadIdentityCredential is unavailable.
03:52:27.486 [main] INFO com.azure.identity.ManagedIdentityCredential -- User-assigned Managed Identity ID: 619515b1-7a16-****-8c09-9eca28338716
03:52:27.554 [main] INFO com.azure.identity.ChainedTokenCredential -- Azure Identity => Attempted credential ManagedIdentityCredential is unavailable.
03:52:27.572 [main] INFO com.azure.identity.ChainedTokenCredential -- Azure Identity => Attempted credential IntelliJCredential is unavailable.
03:52:27.575 [main] INFO com.azure.identity.ChainedTokenCredential -- Azure Identity => Attempted credential VisualStudioCodeCredential is unavailable.
03:52:27.668 [main] INFO com.azure.identity.ChainedTokenCredential -- Azure Identity => Attempted credential AzureCliCredential is unavailable.
03:52:27.696 [main] ERROR com.azure.identity.implementation.PowershellManager -- PowerShell command failure.

Managed Identity Cofiguration:

Dependencies:

        <!-- https://mvnrepository.com/artifact/com.azure/azure-storage-blob -->
        <dependency>
            <groupId>com.azure</groupId>
            <artifactId>azure-storage-blob</artifactId>
            <version>12.31.3</version>
        </dependency>
        <!-- https://mvnrepository.com/artifact/com.azure/azure-identity -->
        <dependency>
            <groupId>com.azure</groupId>
            <artifactId>azure-identity</artifactId>
            <version>1.18.1</version>
            <scope>compile</scope>
        </dependency>

FYI, I have successfully tested the Managed Identity configuration between the VM and the Storage Account using PowerShell scripts, where I'm able to download files. However, I am facing issues specifically when trying to perform this operation in Java using this calss: BlobServiceClient.

Can anyone help me identify what might be wrong with the Java implementation that is preventing the connection to Azure Blob Storage using Managed Identity?

Thankyou!