diff --git a/CHANGELOG.md b/CHANGELOG.md
index 50a810ea..5aa3edd1 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,17 @@
 
 
 
+## v1.18.0 (2023-11-27)
+
+### Feature
+
+* feat: Add async_timeout dependency
+
+This dependency was observed missing when installing mrack as a dependency in another python project
+
+Signed-off-by: David Pascual <davherna@redhat.com> ([`c158474`](https://github.com/neoave/mrack/commit/c158474018ba5d9d5c3b29bc85f6629668081655))
+
+
 ## v1.17.1 (2023-11-03)
 
 ### Fix
diff --git a/docs/conf.py b/docs/conf.py
index 7667ce6d..06ca721f 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -22,7 +22,7 @@
 author = "Petr Vobornik"
 
 # The full version, including alpha/beta/rc tags
-release = "1.17.1"
+release = "1.18.0"
 
 # to work with ReadTheDocs which is using version < 2.0
 master_doc = "index"
diff --git a/mrack.spec b/mrack.spec
index e10c5df4..c94b8a04 100644
--- a/mrack.spec
+++ b/mrack.spec
@@ -1,5 +1,5 @@
 Name:           mrack
-Version:        1.17.1
+Version:        1.18.0
 Release:        1%{?dist}
 Summary:        Multicloud use-case based multihost async provisioner
 
@@ -185,6 +185,9 @@ rm -r src/%{name}.egg-info
 %{python3_sitelib}/%{name}/providers/utils/{,__pycache__/}testcloud.*
 
 %changelog
+* Mon Nov 27 2023 David Pascual Hernandez <davherna@redhat.com> - 1.18.0-1
+- c158474 feat: Add async_timeout dependency (David Pascual)
+
 * Fri Nov 03 2023 David Pascual Hernandez <davherna@redhat.com> - 1.17.1-1
 - 583193a fix: curate_auth func changed to non-async (Kaleemullah Siddiqui)
 
diff --git a/src/mrack/version.py b/src/mrack/version.py
index f368d982..80544da9 100644
--- a/src/mrack/version.py
+++ b/src/mrack/version.py
@@ -1,2 +1,2 @@
 """mrack library version."""
-VERSION = "1.17.1"
+VERSION = "1.18.0"