Philippines eyes 'deepening cooperation' with Iran on energy

The Philippines is committed to deepening cooperation with Iran, particularly on energy, Manila's foreign secretary said on Wednesday as the import-dependent archipelago jockeys with other regional countries for desperately needed oil.The price of fuel has hit historic highs in the Philippines since treaty ally the United States and Israel launched strikes on Iran on February 28, with the war forcing the partial closure of the vital Strait of Hormuz.