US President Donald Trump is scheduled to make an announcement from the Oval Office at 5 pm EDT, which is around 2:30 am IST on Saturday, according to the White House press guidance, sparking speculation about the subject and timing.

The development comes just hours after the Nobel Committee awarded the Peace Prize to Venezuelan opposition leader María Corina Machado, passing over Trump despite a wave of lobbying from Republicans and allied leaders abroad.

Machado, in her acceptance remarks, in a post on X, said she wanted to dedicate the win to Trump and “the people of her country,” praising him for his support in her campaign against Venezuelan President Nicolás Maduro.

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However, the White House has reacted sharply to Nobel Committee's decision o

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