India, Oct. 10 -- Russian President Vladimir Putin on Friday weighed in on the Norwegian committee's decision to award the Nobel Peace Prize to Venezuela's Maria Corina Machado, skipping US President Donald Trump, who had aggressively lobbied for the award.

Speaking hours after the Nobel peace announcement, Putin said that Trump did a lot for peace, adding "the Middle East is a good example." He was referring to the recent ceasefire between Israel and Gaza, which was agreed on Thursday and came into effect today.

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Trump was passed over for the peace prize despite lobbying from his fellow Republicans and several countries, including Russia.

Putin further said there have been several ins...