Israeli Prime Minister Benjamin Netanyahu has nominated U.S. President Donald Trump for the Nobel Peace Prize, the highest profile international award given to an individual or organization deemed to have done the most to "advance fellowship between nations.

U.S. President Donald Trump has been nominated again for the Nobel Peace Prize. Israeli Prime Minister Benjamin Netanyahu told Trump on Monday that he recommended him for the prestigious award, handing the American leader the letter he said he sent the Nobel committee.

Trump's current odds for winning the Nobel Peace Prize range between 17/2 (10.5 percent) and 6/1 (14.3 percent) across several major sportsbooks, according to the betting website Oddschecker, placing him as the second favorite for bookmakers.