Any yum/dnf command fails with 'status code 404 Error: Failed to download metadata for repo'

Issue

• On the host registered to the Red Hat Satellite/Capsule 6, any yum/dnf command fails with the following error:

[root@client ~]#  dnf update 
Updating Subscription Management repositories.
Red Hat Enterprise Linux 8 for x86_64 - BaseOS (RPMs)                                                                                                        117  B/s |  14  B     00:00
Errors during downloading metadata for repository 'rhel-8-for-x86_64-baseos-rpms':
  - Status code: 404 for https://satellite.example.com/pulp/content/Org/Library/content/dist/rhel8/8/x86_64/baseos/os/repodata/repomd.xml (IP: xx.xxx.xxx.xxx)
Error: Failed to download metadata for repo 'rhel-8-for-x86_64-baseos-rpms': Cannot download repomd.xml: Cannot download repodata/repomd.xml: All mirrors were tried