President Donald Trump ramped up pressure on Venezuelan leader Nicolás Maduro this week, targeting the backbone of Venezuela’s economy: its oil exports. POLITICO’s James Bikales breaks down what Trump’s latest escalation means for Venezuela, the United States and global energy markets. Plus, the American Clean Power Association said it’s yanking its support for House Republicans’ permitting bill, which is expected to receive a floor vote today. James Bikales is an oil and gas reporter for POLITICO.  Josh Siegel is the host of POLITICO Energy and a congressional energy reporter for POLITICO.  Nirmal Mulaikal is the co-host and producer of POLITICO Energy.  Alex Keeney is a senior audio producer at POLITICO.  Ben Lefebvre is the deputy energy editor at POLITICO.  Matt Daily is the energy editor for POLITICO. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Our theme music is by Pran Bandi. Learn more about your ad choices. Visit megaphone.fm/adchoices