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Justin Gaethje beat Ilia Topuria to win the lightweight championship in the main event.
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"The Deal with the Islamic Republic of Iran is now complete," Trump said in a Truth Social post.
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The emerging agreement ends a costly war but leaves Iran's leadership intact and its nuclear future still subject to negotiation.
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President Donald Trump issued the threat ahead of this week's G7 summit in Évian-les-Bains, France.
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President Trump sat ringside beside his wife, Melania Trump, for an event that used the trappings of the White House for a U.F.C. brawl.
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Oil prices had already fallen quite dramatically on Thursday and Friday, in anticipation of an imminent deal. President Trump has posted online that the Strait of Hormuz will reopen after the deal is signed on Friday.
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An initial deal to end the war and open the Strait of Hormuz was expected to be signed this week.
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In a call to The New York Times, President Trump praised Russia's and China's leaders and described Israel's prime minister as "a very difficult guy."
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President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes.
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The gathering was originally expected to be a meeting focused on a variety of separate economic and security issues.
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