Black vertical lines appearing in the video when i use transform effect in premiere

Today I updated Premiere to the latest version, and black lines started appearing every time the transform effect affects a layer. I'm editing some TikToks where, when using transitions with the transform effect on an adjustment layer, black lines appear on the video. I noticed this when I disabled layers one by one until I identified the effect causing it. Also, when applying it to subtitles to achieve a wiggle effect, they consistently have black lines above them.

I assumed it was a display issue, but the black lines persist even after rendering. I also opened previous projects where I had no issues, and the lines started appearing in those projects as well.

I didn't find any answers on the internet, and the problem started today right after the update. Does anyone know how to fix it? I can't work with this issue 😞

Adobe Premier Pro 24.1

Windows 11