There have been 22 earthquakes of a magnitude greater than 3.0 since midnight last night, at the time of this writing, the largest being a 5.0 at 07:43 this morning near Fagradalsfjall. In fact, every 3+ earthquake recorded so far today has been near Fagradalsfjall.
As reported, Fagradalsfjall is currently considered to be the most likely location for a volcanic eruption, if it happens, based on the most recent measurements. As it stands now, there is a roughly 50% chance that an eruption will occur.
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