Oil stockpile releases fail to calm markets ahead of open

Morning Squawk previews five market drivers: the IEA and the U.S. plan large oil stock releases to address supply disruptions, yet crude prices rise; February CPI shows inflation steady at 2.4% year over year with a 0.3% month‑over‑month increase; the administration launches new Section 301 tariff probes against several partners as the deficit tops $1 trillion; Google is spinning out GFiber into an independent provider with a minority stake; airlines expect higher fares due to higher fuel costs while travel demand remains strong, amid DHS funding stalemate that could affect TSA pay.