A volcano erupted on Wednesday in southwest Iceland, authorities said, with live media images showing it belched smoke and dramatic flows of glowing hot yellow and orange lava, the latest in a series of outbreaks near the capital in recent years.

A volcano has erupted in Iceland spewing out streams of bright yellow and orange lava - the latest in a string of volcanic events in the region in recent years.

The Government of Iceland says this eruption is highly localized and poses no threat to infrastructure, tourist attractions, or air traffic, but it does pose certain health hazards.