OSLO — U.S. President Barack Obama won the Nobel Peace Prize on Friday for giving the world "hope for a better future" and striving for nuclear disarmament.

The decision to award one of the world's top accolades to a president less than nine months into his first term, who has yet to score a major foreign policy success, came as a major surprise.

The Norwegian Nobel Committee praised Obama for "his extraordinary efforts to strengthen international diplomacy and cooperation between peoples".

The first African-American to hold his country's highest office, Obama has called for nuclear disarmament and worked to restart the stalled Middle East peace process since taking office in January.

"Very rarely has a person to the same extent as Obama captured the world's attention and given its people hope for a better future," the committee said in a citation.

In a speech in Prague in April, Obama declared, "So today, I state clearly and with conviction America's commitment to seek the peace and security of a world without nuclear weapons."

But he was not the first American president to set that goal, and acknowledged that it might not be reached in his lifetime.

On other pressing issues, he is still searching for breakthroughs on Iran's disputed nuclear program and on the stalled Middle East peace process. Israel's foreign minister said on Thursday that there was no chance of a peace deal for many years.

The chief Palestinian peace negotiator, Saeb Erekat, welcomed the award to Obama.

"We hope that he will be able to achieve peace in the Middle East and achieve Israeli withdrawal to 1967 borders and establish an independent Palestinian state on 1967 borders, with Jerusalem as its capital," he told Reuters

In Gaza, however, an Islamic Jihad leader, Khaled al-Batsh, condemned the Nobel committee decision.

"Obama's winning the peace prize shows these prizes are political, not governed by the principles of credibility, values and morals," he told Reuters.

"Why should Obama be given a peace prize while his country owns the largest nuclear arsenal on Earth and his soldiers continue to shed innocent blood in Iraq and Afghanistan?"

Last month Obama chaired a historic meeting of the United Nations Security Council, which unanimously approved a U.S.-drafted resolution calling on nuclear weapons states to scrap their arsenals.

Obama is the third senior U.S. Democrat to win the prize this decade after former Vice President Al Gore won in 2007 along with the U.N. climate panel and Jimmy Carter in 2002.

The prize worth 10 million Swedish crowns ($1.4 million) will be handed over in Oslo on Dec. 10.