The EU is to subsidise up to 70% of the extra cost of fuel and fertilisers caused by the Iran war for farmers, fishing businesses and road hauliers as part of a package of emergency measures. Individual companies can claim up to €50,000 each between now and the end of the year with minimum paperwork, a measure the EU hopes will remove what it sees as an existential threat to hauliers and farmers. Energy-intensive industries including steel, chemicals or even rail firms, will be able to claim up to 70% of the extra electricity cost of eligible consumption. Announcing the measures on Wednesday, the European Commission vice-president, Teresa Ribera, said they could be the difference between “survival or giving up” for many businesses. “I want to reassure European citizens, national governments and European institutions are monitoring and are ready to react in cases when it is needed,” she said.…