diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1aff10c08..fa9ac7696 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,15 @@
+## 7.1.0 (2023-07-18)
+
+Features:
+
+- Validate parsed config against CLI options
+  ([#1910](https://github.com/jazzband/pip-tools/pull/1910)). Thanks @atugushev
+
+Bug Fixes:
+
+- Fix a bug where pip-sync would unexpectedly uninstall some packages
+  ([#1919](https://github.com/jazzband/pip-tools/pull/1919)). Thanks @atugushev
+
 ## 7.0.0 (2023-07-14)
 
 Backwards Incompatible Changes:
diff --git a/README.md b/README.md
index d09b9320d..dcb6321c4 100644
--- a/README.md
+++ b/README.md
@@ -415,7 +415,7 @@ Sample `.pre-commit-config.yaml`:
 ```yaml
 repos:
   - repo: https://github.com/jazzband/pip-tools
-    rev: 7.0.0
+    rev: 7.1.0
     hooks:
       - id: pip-compile
 ```
@@ -425,7 +425,7 @@ You might want to customize `pip-compile` args by configuring `args` and/or `fil
 ```yaml
 repos:
   - repo: https://github.com/jazzband/pip-tools
-    rev: 7.0.0
+    rev: 7.1.0
     hooks:
       - id: pip-compile
         files: ^requirements/production\.(in|txt)$
@@ -437,7 +437,7 @@ If you have multiple requirement files make sure you create a hook for each file
 ```yaml
 repos:
   - repo: https://github.com/jazzband/pip-tools
-    rev: 7.0.0
+    rev: 7.1.0
     hooks:
       - id: pip-compile
         name: pip-compile setup.py