I am facing an issue with running pod install for my Flutter project. The error message I receive is:
Error: CocoaPods's specs repository is too out-of-date to satisfy dependencies.
To update the CocoaPods specs, run:
pod repo update

Error running pod install
Error launching application on iPhone 14.

Steps to Reproduce:

Run flutter run.
Observe the error during the pod install step.

Expected Behavior:
The project should build and run without encountering the mentioned CocoaPods issue.

Note:
I have tried the following steps to resolve the issue:

Running pod repo update and pod install --repo-update.
Updating Ruby to version 2.7.4 and reinstalling CocoaPods.
Any help or guidance on resolving this issue would be greatly appreciated.