The 1.85 Ga Belomorian Belt, Karelia, Russia, hosts ultralow δ18O and δD (as low as −27.3‰ and −235‰ standard mean ocean water [SMOW], respectively), high-Al gneisses and amphibolites that we attribute to the Paleoproterozoic “Slushball Earth” glaciation. They now occur in at least 11 localities spanning 450 km. To constrain distribution of 18O-depleted rocks, we performed detailed field mapping in Khitostrov, where δ18O values are the lowest. Using 430 new and previously published laser fluorination isotope analyses, we show that the elongated, concentrically zoned area of δ18O depletion is greater than 6 × 2 km in areal extent, ∼10 times larger than previously thought. Relationships between δ17O versus δ18O strictly adhere to the equilibrium terrestrial mass-dependent fractionation with a slope of 0.527. We also report the results of ion microprobe U-Pb geochronology of zircons coupled with co-registered oxygen isotope spot analyses for mafic intrusions and host gneisses in six localities. The 2.9–2.7 Ga gneiss zircon cores are normal in δ18O (5‰–7‰). They show truncated oscillatory cathodoluminescence (CL) patterns and rounded shape indicative of original igneous crystallization with subsequent detrital overprinting. A younger 2.6–2.55 Ga metamorphic zircon domain with normal δ18O, low Th/U, dark cathodoluminescence, and also with rounded crystal morphology is commonly preserved. Cores are surrounded by ubiquitous rims highly depleted in δ18O (re-)crystallized with Svecofennian (1.85–1.89 Ga) ages. Rims are interpreted as metamorphic due to bright and uniform CL and Th/U <0.05. Mafic intrusions preserve few igneous zircon crystals between ca. 2.23 and 2.4 Ga in age, but neoblastic zircon in these intrusions originated mostly during 1.85 Ga Svecofennian metamorphism. The δ18O-age relationship for metamorphic rims in zircon and corundum grains suggests that δ18O values of fluids were subtly increasing with time during metamorphism. Large metamorphic corundum grains have ∼3‰ intracrystalline δ18O isotope zonation from –24 to –21‰, which likely developed during interaction with metamorphic fluids. The Zr-in-rutile geothermometer temperatures are in the range of 760 to 720 °C, in accordance with mineral assemblages and amphibolite metamorphic grade. High and irregular rare-earth element (REE) abundance in cores and rims of many zircons correlates with high phosphorus content and is explained by nanometer-scale xenotime and monazite inclusions, likely in metamict zones during 1.85 Ga Svecofennian metamorphism. A survey of oxygen isotopes in ultrahigh-pressure diamond and coesite-bearing metamorphic terrains around the world reveals normal to high-δ18O values, suggesting that the low δ18O in metamorphic rocks of Dabie Shan, Kokchetav, and in Karelia, are genetically unrelated to metamorphism. We discuss alternative ways to achieve extreme δ18O depletion by kinetic, Rayleigh, and thermal diffusion processes, and by metamorphism. We prefer an interpretation where the low-δ18O and high-Al signature of the rocks predates metamorphism, and is caused by shallow hydrothermal alteration and partial dissolution of the protolith surrounding shallow mafic intrusions by glacial meltwaters during pan-global Paleoproterozoic “Slushball Earth” glaciations between ca. 2.4 and ca. 2.23 Ga.