Update:
On Wednesday, August 3rd, a new volcanic eruption began in the Reykjanes peninsula. First reports indicate that magma has broken through a 100 m crack down in Merardalir by Fagradalsfjall. At the moment, there's no indication that the eruption will cause any disruption to airline traffic or harm to the nearby inhabitants. We will continue to monitor the situation and bring you updates from the area.
A Shaky Start
After weeks of earthquakes in the South West region of Iceland, the Reykjanes peninsula finally gave way, bringing a new volcanic eruption to the region for the first time in around 800 years.