We can get to know azure resource status by following 3 ways.
Azure Status:
A global view of the health of Azure services. It will list the azure service status for all region and all services. If something not working on your application or services or VM , you can refer here is something problem with Azure side.
https://status.azure.com/en-us/status

Service Health:
A personalized view of the health of your Azure services. Through this option you can easily identify all your utilizing service are running fine or not.

Resource health:
A deeper view of the health of each of your individual resources .
For example

