economy

April 29, 2026

EU Farmers and Hauliers to Get Up to €50,000 to Cover Extra Costs of Iran War

Fishing companies can also access subsidies in loosening of state aid rules to cover fuel and fertiliser price rises.

EU Farmers and Hauliers to Get Up to €50,000 to Cover Extra Costs of Iran War

TL;DR

  • The EU will subsidise up to 70% of extra fuel and fertiliser costs for farmers, fishing businesses, and road hauliers affected by the Iran war.
  • Individual companies can claim up to €50,000 with minimal paperwork between now and the end of the year.
  • Energy-intensive industries can claim up to 70% of extra electricity costs.
  • The measures are part of an emergency package to address what the EU sees as an existential threat to some businesses.
  • Oil, gas, and fertiliser prices surged due to the Iran war, with fertiliser prices increasing by 61% in March.
  • French Prime Minister Sébastien Lecornu called on TotalEnergies to redistribute its increased profits from the oil crisis.
  • The Middle East crisis temporary state aid framework (METSAF) is a targeted and temporary measure effective until December 31st.
  • Subsidies for agriculture, fisheries, and transport aim to cushion the effects of the crisis and sustain core EU sectors.
  • Concerns have been raised that subsidies might increase demand for fossil fuels and compromise renewable energy targets, but officials stress the short-term nature of the aid.

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