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Story summary
- EU will grant up to €50,000 subsidies to small farmers, fishers and road hauliers hit by soaring fuel and fertilizer costs.
- The aid will cover up to 70% of extra energy and fertilizer expenses for businesses until 31 December 2026.
- Gas prices surged after the February U.S.–Israeli war on Iran, raising fertilizer prices by 61% in March.
- Analysts warn the grant could increase fossil-fuel demand and clash with the EU’s renewable-energy targets.
