Stuck on "Opening Server..."

Up until yesterday, everything was working normally. I could execute "Live Preview: Start Server" and it would display the embedded preview. I was using 100% default config.

Today, when I do the same, absolutely nothing visible happens. No preview plane pops up on the right, and also when I change the settings to use external browser previewing nothing happens. Also no output in "Embedded Live Preview".

I tried: restarting VSCode, reinstalling VSCode, reinstalling the extension, using a new profile, wiping all profiles + installed extensions + reinstalling VSCode. Also I tried multiple settings for the extension (various browser, external/internal preview, change port, etc.).
I also tried installing pre-release version of the extension and older versions of the extension, the problem persists.

As I write this, I have also tried the "Start Server Logging" option from the command palette, as well as all other options, and it produced the following output:

I'm relatively new to VSCode and I suppose there are some additional hidden logs that could help, but I didn't find them.
When you tell me where to get them from, I will do so.

I'm on Windows 11, fully updated using an HP 845 G9 Laptop (AMD Ryzen 5 PRO 6650U).

Start by reproducing “Live Preview: Start Server” on Windows 11 with the default configuration, then inspect the output from “Start Server Logging” and any additional extension logs. Done means the embedded or external browser preview starts and produces visible output; the issue does not name a source file or test.