Flood waning, Iceland volcano eruption less likely

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In this Thursday Nov. 4, 2004 file photo a cloud of ash erupts from Grimsvotn, a lake in the middle of Vatnajokull, the biggest glacier in Iceland. Torrents of water are pouring from a glacier that sits atop Iceland's most active volcano, an indication that the mountain is growing hotter and may be about to erupt, scientists said Monday, Nov. 1, 2010. The flood that began Thursday at the Grimsvotn volcano is similar to one in 2004 that lasted five days and ended with an eruption that disrupted European air traffic, University of Iceland geophysicist Pall Einarsson said. (AP Photo/ Pll Stefansson, File)

(AP) -- Scientists say glacial flooding from Iceland's most active volcano has peaked, with no sign yet of an eruption.