By Audrey Courty, ABC News

Photo: The White House

The Nobel Peace Prize may celebrate peace but its story is often shaped by conflict and the changing politics of the world.

From a Vietnamese diplomat who refused the prize to the satirical nomination of Adolf Hitler, the world's most famous award for peace has a long and controversial history.

Most recently Venezuelan Opposition leader MarΓ­a Corina Machado presented her Nobel Peace Prize medal to US President Donald Trump, raising questions about whether a prize can be shared, transferred or given away.

Trump said on his Truth Social media platform it was "such a wonderful gesture of mutual respect".

So what exactly is the Nobel Peace Prize, and how much control do winners really have once it's awarded?

What is the Nobel Peace Prize?

It is often regarded as the most prestigious of all Nobel prizes, which are give

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