Magnitude 3,5 earthquake on the Reykjanes peninsula

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Today (7-January-2014) at 12:11 UTC an magnitude 3,5 earthquake took place on the Reykjanes Peninsula. This earthquake was part of an swarm that has been taking place in this area of Reykjanes peninsula for past two weeks.

The earthquake swarm on the Reykjanes peninsula. Copyright of this image belongs to Icelandic Meteorological Office.

I am not sure how this earthquake swarm is going to evolve, but there is a risk of more earthquakes in this area. But most of them are going to be minor, or less then 3,0 in magnitude.