Oil giant BP reports huge rise in global profits

Oil giant BP has reported a huge rise in global profits, which has sparked calls for a bigger windfall tax.

BP made $8.2bn between July and September, more than double its profit for the same period last year.

Surging oil and gas prices have led to big gains for energy firms but are also fuelling a rise in the cost of living.

On Monday, US President Joe Biden urged major US oil firms to stop "war profiteering", threatening to hit them with higher taxes if they do not increase production which would help lower prices.