(Bloomberg) -- Residents of Iceland's capital Reykjavik were told to brace for a possible volcanic eruption some time in the coming hours or days, though authorities said there was no indication the event would pose a threat to human life or property.
Iceland's Met Office said a volcanic area close to the capital was expected to release lava slowly over the next few weeks, with the development potentially triggering earthquakes with a magnitude of up to 6.5 on the Richter scale.
The event would be unlikely to affect air traffic, the office said, though flights within a 120 kilometer radius (75 miles) might experience some disruptions.
One of the most disruptive volcanic eruptions in Iceland's recent history occurred in 2010, when Eyjafjallajokull released a plume of ash so vast that it grounded air traffic for weeks.
Iceland, which has 30 volcanic systems and more than 600 hot springs, straddles tectonic plates on the mid-Atlantic ridge, making it one of the most geologically active places on the planet.
©2021 Bloomberg L.P.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.