Iceland, island country located in the North Atlantic Ocean. Lying on the constantly active geologic border between North America and Europe, Iceland is a land of vivid contrasts of climate, geography, and culture. Sparkling glaciers, such as Vatna Glacier (Vatnajökull), Europe's largest, lie across its ruggedly beautiful mountain ranges; abundant hot geysers provide heat for many of the country's homes and buildings and allow for hothouse agriculture year-round; and the offshore Gulf Stream provides a surprisingly mild climate for what is one of the northernmost inhabited places on the planet.