"Öraefajökull, Iceland's highest peak, is a broad glacier-clad central volcano at the SE end of the Vatnajökull icecap. A 4 x 5 km subglacial caldera truncates the summit of the dominantly basaltic and rhyolitic volcano. The extensive summit icecap is drained through deep glacial valleys dissecting the SW-to-SE flanks of the volcano. The largest-volume volcano in Iceland, 2119-m-high Öraefajökull was mostly constructed during Pleistocene glacial and interglacial periods. Holocene activity has been dominated by explosive summit eruptions, although flank lava effusions have also occurred. A major silicic eruption in 1362 AD was Iceland's largest historical explosive eruption. It and another eruption during 1727-28 were accompanied by major jökulhlaups (glacier outburst floods) that caused property damage and fatalities."  -Smithsonian Volcano Archive
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