"We couldn't create your rule. Please try again." error with restricted list permissions

[DCKan]

I setup a list with the following restrictions (under list Settings > Advanced Settings) so that users can create/see/edit only their records:

• Read access: Read items that were created by the user
• Create And Edit access: Create items and edit items that were created by the user

With these settings, even I as site owner and the person who created the list and has access to read/change/delete all records, cannot create any rules under Automate.  Every rule I try to create results in error:
"We couldn't create your rule. Please try again."

I have to change Read access to "Read all items" to be able to create rules - but then that exposes everyone's records.  

Is this a bug or is it a feature that even someone with full rights to the list cannot create a rule because there is tighter security for other users?

[#2]

I'm seeing the same issue, I can't create rules on a Sharepoint list, the system just throughs this error. It is regardless of the type of rule as well.

[#3]

Identified this is a permissions error

The owner needs to open the list and select: Settings > List settings > Advanced settings. Under Item-level Permissions, the Read access option must be changed to Read all items.
https://support.microsoft.com/en-us/office/create-a-rule-to-automate-a-list-151ea008-7fa6-409b-b0bd-...

[#4]

Yes, I mentioned this in my original post. But it defeats the point of wanting restricted permissions on the list.

[#5]

@DCKan The way I got around that was by using power automate, not lists automation.

[#6]

Did the same. Not ideal but it works.
I still think since a list owner has full permissions on all list records, he/she should be able to do list automation and not have to resort to Power Automate.