Earthquake swarm in Reykjanes volcano (out in the ocean)

During the night of 4. May 2023 an earthquake swarm took place in the Reykjanes volcano out in the ocean. This was not a large earthquake swarm. Largest earthquake recorded had a magnitude of Mw3,4. Other earthquakes where smaller in magnitude.

Green star and a cluster of earthquakes on down and west part of this image. Showing the Reykjanes peninsula. Few other earthquakes are dotted on the map in other volcanoes on the Reykjanes peninsula.
Earthquake swarm in Reykjanes volcano. Copyright of this image belongs to Icelandic Met Office.

This earthquake activity suggests an dyke intrusion in this area. This is part of Reykjanes volcano, but that volcano is in part out in the ocean. The Reykjanes volcano has been having regular dyke intrusion in recent years without it resulting in an eruption. That is most likely what is going to happen now.