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BP posted its highest quarterly profit in more than a decade thanks to surging oil and gas prices, renewing calls for a U.K. government tax on energy companies' windfall earnings to help households struggling with rising energy bills. After accounting for a write-off of its nearly 20% stake in Russian oil producer Rosneft in response to the Ukraine war, BP PLC said its net loss in the first quarter totaled $23 billion. Meanwhile, oil and gas prices have rocketed, partly because of uncertainty about supplies from Russia amid its invasion of Ukraine, contributing to a cost-of-living crisis.